U.S. economy to contract
At a time when the supremacy of markets is under siege, Mark Carney, governor of the Bank of Canada, argues that continuously open markets are actually the key to global recovery. In the meantime though, interest rates will likely have to go lower, he says.Speaking to the Canada-United Kingdom Chamber of Commerce in London on […]
Core CPI inflation is likely to drop sharply throughout the G7 over the next 12-24 months
Bank of Canada likely to cut rates another 50 bps at December meeting
More relief to come, analysts say
UK economy needs a 75 bps cut
Cut won’t likely be enough to prevent economy from slipping into recession
Core inflation expected to remain below 2%
Outlook for growth is very uncertain
Bank of Canada decision coming Tuesday