18 Articles
18 Articles
‘Muddled picture’: Chief economist expects BoC to hold after latest inflation figures
After inflation surprisingly slowed in March, one chief economist says he doesn’t expect a cut from Canada’s central bank on Wednesday, but highlighted he is forecasting about 100 basis points of cuts during the year.
Market Open: Markets Subdued Ahead of BoC Announcement
Well it’s rate cut day.. or is it? Investor sentiment is mixed causing futures of Canada’s main stock index to sit quiet this morning Market Numbers (Futures) TSX : Up (0.01%) 24,070.34TSXV: Up (0.27%) 630.04DOW: Down (0.02%) 40,564.00NASDAQ: Down (1.28%) 18,717.00FTSE: Down (0.20%) 8,232.56 In the Headlines: Canada’s headline inflation dipped to 2.3% in March, yet persistent core inflation and rising trade tensions suggest the Bank of Canada …
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