Will research cost and benefits of lower inflation target
The U.S. Federal Reserve reasoned last month that risks to both economic growth and inflation had diminished slightly since its prior meeting, according to Fed policy makers’ Oct. 24-25 meeting minutes released today.However, optimism on economic growth seemed the more widespread view, and officials continued to emphasize that higher inflation “remained of greatest concern,” which […]
Fallout from trust-tax proposal will depress Canadian dollar
Bank of Canada to hold off until April
Inflation likely to rise further above target in the near term
25 bps rise expected for the December meeting
Rate cuts will begin later than previously expected
U.S. economy set to expand at a moderate pace
Weaker U.S. economy has curbed demand for Canadian exports, Bank of Canada says
Overnight rate remains at 4.25%