Bank of Canada reduces its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75%
Global economic growth is showing signs of slowing. In the United States, business investment has been strong but consumers are cautious and employment gains have slowed. US inflation has picked up in recent months as businesses appear to be passing on some tariff costs to consumer prices. Growth in the euro area has moderated as […]
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