Bank of Canada surveys show business optimism is weak but improving, with fewer firms expecting a recession even amid rising concerns about uncertainty.
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Bank of Canada sees quantitative tightening ending in 2025A Bank of Canada official said quantitative tightening will likely end in 2025, at which point the central bank will consider purchasing assets in both primary and secondary debt markets.
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Bank of Canada sees conditions for rate cuts this year, according to deliberation summaryMembers of the central bank’s governing council discussed timing of possible rate cuts ahead of March 6 decision, though new inflation data may have changed conditions
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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.
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Canada's need to improve productivity has reached emergency level, says Bank of Canada officialCarolyn Rogers, senior deputy governor of the Bank of Canada, holds a press conference at the Bank of Canada in Ottawa on Wednesday, March 6, 2024. Rogers says the need to improve productivity has reached an emergency level as the economy faces a future where inflation may be more of a threat than in the past few decades.
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Bank of England sees economy ‘moving in right direction’ for interest rate cutsThe BoE’s interest rate-setters voted 8-1 to keep borrowing costs at their 16-year high of 5.25% on Thursday as the two officials who had previously called for higher rates changed their stance
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Bank of England sees economy 'moving in right direction' for rate cutsLONDON (Reuters) -Britain's economy is 'moving in the right direction' for the Bank of England to start cutting interest rates, Governor Andrew Bailey said...
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