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China flag

It's the biggest rate cut since the country was slammed by the Covid-19 pandemic in 2020

Kensington Brooklyn Houses with American Flags stock photo

The country's GDP picked up between April and June: report

Fighting for empty office chair

Continuing claims have been on the rise in recent months

China flag

The country released a 50-page roadmap and cut key interest rates Monday

Bank of Canada note

Economists expect another rate cut could be in store

wood cut-outs

While the U.S. labour market remains historically healthy, recent data suggest some weakening

online investing

Report comes amid upheaval in retail landscape

Financial stock exchange market display screen board on the street

Progress against accelerating prices has been slowed by stickier-than-expected inflation for services

Interest rate graphic

Powell declined to provide any hints of when the first rate cut would occur

woman stressed over uneasy stock market

The central bank's survey shows Canadians' outlook for the future economy was 'pessimistic'