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Inflation data 'all clear' for Bank of Canada interest rate cut in June, economists say
Financial Post via Yahoo Finance· 19 hours agoAndrew Grantham, executive director of economics at CIBC, said the data “provided the all clear” for...
Canada's inflation cools to three-year low boosting June rate cut bets
Reuters via Yahoo Finance· 22 hours agoCanada's annual inflation rate slowed to a three-year low of 2.7% in April and core measures...
Canada's inflation rate cools to 2.7 per cent in April, likely giving BoC 'all clear' for June rate...
Yahoo Finance Canada· 20 hours agoThe Bank of Canada has held its benchmark interest rate at 5 per cent since June of last year. While...
B.C.’s inflation rate remains higher than Canada’s, but relief on horizon
Houston Today· 17 hours agoB.C.’s inflation rate remained above Canada’s in April 2024, but interest rates could be heading...
Weaker loonie may not deter Bank of Canada diverging from the Fed
New Hampshire Union Leader· 5 days agoThe Bank of Canada would be willing to cut interest rates three times ahead of the Federal Reserve's...
Scotiabank Says Canada July Rate Cut Is Likely as Inflation Ebbs
Bloomberg· 14 hours agoBank of Nova Scotia is likely to shift its expectation for Canada’s first interest-rate cut to July,...
Canada Inflation Up 2.7% in April, Rises at Slowest Pace in Three Years — Update
Morningstar· 21 hours agoCore prices excluding volatile food and energy costs climbed a similar 2.7%, and key indicators of underlying inflation preferred by the central bank also cooled. The biggest ...
April CPI data opens door for Bank of Canada rate cut: BofA By Investing.com
Investing.com· 17 hours agoCanada's Consumer Price Index (CPI) inflation for April aligned with market expectations at 2.7%...
Canadian banks' quarterly profits seen pressured by higher bad-debt provisions
Reuters via Yahoo Finance· 1 day agoCanadian banks are expected to set aside money for challenging days, which will hurt quarterly...
Morning bid: Nvidia nears, UK CPI lunge misses target
Reuters via Yahoo Finance· 26 minutes agoWhile the inflation and interest rate world continues to throw up unpleasant surprises, it's hard to...
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