Statistics Canada reports real GDP grew 0.2% in July
The Canadian economy grew more than expected in July, but the strength was short-lived as the momentum seems to have failed to carry over into August.
Statistics Canada reports real GDP grew 0.2% in July
OTTAWA — The Canadian economy grew more than expected in July, but the strength was short-lived as the momentum seems to have failed to carry over into August. Statistics Canada said Friday that real gross domestic product grew 0.2 per cent in July, following essentially no change in June, helped by strength in the retail […]
French, Spanish inflation sinks below 2%, boosting ECB cut bets
Consumers expect prices to rise more slowly over coming years
Statistics Canada reports real GDP grew 0.2% in July
OTTAWA - The Canadian economy grew more than expected in July, but the strength was short-lived as the momentum seems to have failed to carry over into August.
French inflation cools more than expected in September as energy prices, transport costs decline
France's harmonized inflation rate fell sharply in September, preliminary data from the National Institute of Statistics and Economic Studies showed Friday.
August PCE: Key fed inflation gauge rises 2.2.% annually, beating expectations
Sept. 27 (UPI) -- Inflation continued to inch closer to the Federal Reserve benchmark target Friday, falling to 2.2% year-to-year in August amd beating Wall Street forecasts.
Eurozone economic sentiment weakens in September
Confidence eased across the eurozone in September, an official survey released on Friday showed, as the bloc’s economic recovery struggled to take hold.
Fed’s favored inflation gauge shows cooling price pressures, clearing way for more rate cuts
The Federal Reserve’s preferred inflation measure provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts.
Related:
The Federal Reserve's preferred inflation measure provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts.
Zero Growth in August Keeps Bigger Canada Rate Cuts on the Table
(Bloomberg) — The Canadian economy showed more signs of weakness that should keep the Bank of Canada cutting interest rates to boost growth.
Economists See Canadian Soft Landing Even Without Jumbo Rate Cuts
(Bloomberg) — The Bank of Canada will be able to pull off a soft landing for the country’s economy without resorting to half-point interest rate cuts, analysts say.
US Inflation Hits Fed's 2% Goal Early 2025 in Economists Survey
(Bloomberg) — Economists see US inflation reaching the Federal Reserve’s target early next year while the unemployment rate picks up slightly, closely following the central bank’s own updated projections released last week.
last updated on 28 Sep 15:27