BoC 'late' to cut rates, private sector 'starting to buckle': chief market strategist

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

A chief market strategist says the Bank of Canada is late in bringing interest rates lower and says policy is driving inflation above the two per cent target.

Italian Women Are Burying the Myth of the MammaChina’s Consumer Prices Rise for First Time Since AugustVale CEO to Keep Job Through 2024 as Miner Seeks SuccessorBiden Bets Fed Will Cut Rates Soon as He Pledges Housing AidVietnam’s Bid for Emerging-Market Upgrade Faces Reality CheckThe Week Ahead: U.S.

CPI data due; Quebec budgetRubenstein-Led Deal to Buy MLB’s Orioles Gains Key ApprovalCalifornia Probes Possible Offshore Oil Spill Near LA SuburbsIntel-Backed Astera Seeks $534 Million in IPO Amid AI Frenzy5 financial mistakes to avoid when you are self-employedOntario regulator launches consumer tool to verify financial adviser credentialsBoundaries, communication are key for parents running the Bank of Mom and DadOptions to boost credit scores are growing, but principles remain the sameNew...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Labour market gains 41K jobs in Canada, supports Bank of Canada holding rates for longerStatistics Canada said February's increase in the labour market was driven by a rise in full-time work.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Canada's labour market blows past expectations, could keep BoC on hold longerThe increase in jobs was due to more part-time work.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »