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Economists weigh in on May CPI uptick, consider July rate cut potential. Following the latest inflation data, economists weighed in on what the uptick in inflation means for the Canadian economy amidst hopes for another interest rate cut by the Bank of Canada next month.
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The Canadian dollar traded for 75.27 cents U.S. on Friday, falling at one point to nearly two-year low of 75.15 cents U.S. earlier in the day.
The Canadian economy is expected to run into headwinds through the second half of 2024, coinciding with a global growth slowdown that could hamper Crude Oil prices next year as fossil fuels...
16 wrz 2022 · The Canadian dollar fell to its lowest level in almost two years on Friday, as investors around the world survey the worsening outlook for the economy, and run toward the safety of the U.S....
6 paź 2022 · The Canadian dollar is set to fall short of a September forecast for the coming year following sharp losses in recent weeks and as interest rate hikes by the Bank of Canada threaten to push...
1 wrz 2023 · The Canadian dollar on Friday weakened by the most in one month against its U.S. counterpart as investors slashed bets on another Bank of Canada interest rate hike after data showed the...
24 wrz 2023 · The Canadian economy is headed for a rough patch. Growth has already slowed considerably. Job growth has moderated. Inflation remains stubbornly high.
