Browsing: tag: Interest Rates
Bank Of Canada Cuts Rates Again As Inflation, Labor Market Cool: Canadian Stocks Rebound, Loonie Strengthens – Bombardier (OTC:BDRBF), Bausch Health Companies (NYSE:BHC)
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The Bank of Canada (BoC) reduced its key policy rate by 25 basis points to 4.25% on Wednesday, marking the…
Fed Is ‘All Clear For Launch’ On Cutting Rates As Inflation Falls To Lowest Point In Over 3 Years, Economist Says
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Wednesday’s inflation figure of 2.5% for August — the lowest rate since February 2021 — gives the Federal Reserve the…
Americans Falling Behind On Their Bills: Mohamed El-Erian Echoes Worries As Rate Cut Buzz Grows Louder
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Renowned economist Mohamed El-Erian has voiced concerns over the increasing late payments on credit cards and auto loans in the…