But the piecemeal nature of the plans appeared to disappoint investors
The result came as total exports fell 1% in the month: StatCan
Other economic factors, government policies offset the effect of higher rates
The world’s fourth largest economy grew at an annual rate of 2.9%
Falling energy prices providing relief from burst of inflation that reached double digits
A big reason the Fed is reducing rates is because hiring has slowed, unemployment has picked up
A National Bureau of Statistics survey marked a fifth straight month of contraction
Inflation in August was barely above the Fed's 2% inflation target
Retail trade sector was the largest contributor to overall growth
Strong consumer spending and business investment drove the result