Deliberations summary suggests governing council wants the economy to pick up speed again
It's the central bank's first rate cut since the onset of the Covid-19 pandemic
The rise in prices complicates the ECB's next decision on whether to cut interest rates
If inflation continues to go down, a rate cut could be on the table in September: Powell
Bond issuance up, driven by accelerated refinancing
Direct conflict joins slew of elections as ongoing threats to credit
Rate cuts typically lower borrowing costs for mortgages, auto loans and credit cards
Labour demand declined, and job vacancies were flat
It's the biggest rate cut since the country was slammed by the Covid-19 pandemic in 2020
Divergence with Federal Reserve could put pressure on Canadian dollar