Economists now see a soft landing for the Canadian economy, with no recession this year despite interest rates at a 22\u002Dyear high. Read on.
Play Video
The results support the Bank of Canada’s view that economic growth is moderating, while core inflation remains elevated. Governor Tiff Macklem said this month that policymakers are trying to balance the risks of over- and under-tightening, and avoid “making economic conditions unnecessarily painful for everybody.”
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bank of Canada should stop hiking interest rates now: Benjamin TalCIBC\u0027s Benjamin Tal talks about why he thinks the Bank of Canada has started overshooting with interest rate hikes. Watch here.
Read more »
Bank of Canada should stop hiking interest rates now: Benjamin TalCIBC\u0027s Benjamin Tal talks about why he thinks the Bank of Canada has started overshooting with interest rate hikes. Watch here.
Read more »
Bank of Canada should stop hiking interest rates now: Benjamin TalCIBC\u0027s Benjamin Tal talks about why he thinks the Bank of Canada has started overshooting with interest rate hikes. Watch here.
Read more »
Bank of Canada should stop hiking interest rates now: Benjamin TalCIBC\u0027s Benjamin Tal talks about why he thinks the Bank of Canada has started overshooting with interest rate hikes. Watch here.
Read more »
Djokovic to skip National Bank Open in Canada due to fatigueNovak Djokovic will not play at next month's Canadian Masters in Toronto due to fatigue, organizers announced on Sunday.
Read more »
Inflation has fallen, so why hasn't the Bank of Canada backed off rate hikes?Statistics Canada reported on Tuesday that inflation fell to 2.8 per cent in June, down significantly from the eye-popping peak of 8.1 per cent reached last summer.
Read more »