Bank Of Canada Weighing Risks To Economy To Determine Pace Of Cuts
The governing council fretted that the economy and employment might not pick up as anticipated You can save this article by registering for free here. Or sign-in if you have an account. The Bank of Canada is carefully weighing both upside and downside risks to the economy as it attempts to calibrate the pace of interest rate cuts, according to a summary of its deliberations released... Subscribe now to read the latest news in your city and across Canada. Subscribe now to read the latest news in your city and across Canada.
For months, the Bank of Canada has been trying to thread a needle: slow the economy just enough to get inflation back under control but not so much that it causes a recession. In a report released this week, the central bank offered up plenty of evidence that its strategy is working. Inflation has eased, economic growth has resumed all while wages are recovering. But the bank also has a list of things that could quickly derail that progress — from mortgage renewals to population dynamics to conflicts abroad or wildfires in Canada. Canadian households have been clobbered these past two years by rising prices and increased borrowing costs. It's easy to look at easing inflation and think better days lie ahead.
And most forecasts show the economy should improve over the rest of this year. But real risks remain — that the bank will be watching for as it decides whether to cut rates again at the July announcement. The Bank of Canada cut interest rates as the economy and labor market show damage from US tariffs, but kept tight-lipped on any future path for monetary easing. You can save this article by registering for free here. Or sign-in if you have an account. (Bloomberg) — The Bank of Canada cut interest rates as the economy and labor market show damage from US tariffs, but kept tight-lipped on any future path for monetary easing.
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The Governing Council Fretted That The Economy And Employment Might
The governing council fretted that the economy and employment might not pick up as anticipated You can save this article by registering for free here. Or sign-in if you have an account. The Bank of Canada is carefully weighing both upside and downside risks to the economy as it attempts to calibrate the pace of interest rate cuts, according to a summary of its deliberations released... Subscribe n...
For Months, The Bank Of Canada Has Been Trying To
For months, the Bank of Canada has been trying to thread a needle: slow the economy just enough to get inflation back under control but not so much that it causes a recession. In a report released this week, the central bank offered up plenty of evidence that its strategy is working. Inflation has eased, economic growth has resumed all while wages are recovering. But the bank also has a list of th...
And Most Forecasts Show The Economy Should Improve Over The
And most forecasts show the economy should improve over the rest of this year. But real risks remain — that the bank will be watching for as it decides whether to cut rates again at the July announcement. The Bank of Canada cut interest rates as the economy and labor market show damage from US tariffs, but kept tight-lipped on any future path for monetary easing. You can save this article by regis...
Subscribe Now To Read The Latest News In Your City
Subscribe now to read the latest news in your city and across Canada. Subscribe now to read the latest news in your city and across Canada.
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