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U.S. stocks closed higher, with the Dow scoring a record high, after Fed Chair Powell suggested it was time to consider rate cuts again.
The Dow Jones Industrial Average soared 716 points, or 1.6%, and was on track to blow past its own all-time high, which was ...
Under that scenario, headline inflation would stay below 2% until late 2026. The Bank of Canada sets interest rates to achieve and maintain 2% inflation. "The removal of retaliatory tariffs on many ...
From Wall Street’s surge on Powell’s rate-cut hints to Canada’s softer line on US tariffs and Donald Trump’s push for $2 ...
Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.
The Fed may need to cut rates at its next meeting due to growing risks to the economy, including some “unusual” behavior in ...
Tariffs are not a realistic tax base. They’re among the worst taxes imaginable — narrow, arbitrary, unstable and regressive.
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.
Quebec currently has the highest inflation rate in Canada, at 2.3%, with rising grocery prices and rents accounting for much ...
Gold has steadied after losing 0.5% yesterday. It dipped below $3312, its lowest level since August 1, but recovered to ...
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TipRanks on MSNCanada’s Inflation Rate Rises, Matches Analyst Expectations
Canada’s monthly inflation rate rose to 0.3% in July, up from 0.1% in the previous month. This 0.2 percentage point increase indicates a higher ...
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TipRanks on MSNCanada’s Core Inflation Stalls, Misses Estimates
Canada’s Core Inflation Rate MoM for July remained unchanged at 0.1%, consistent with the previous month’s figure. This ...
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