Tag: Economic Outlook
Bank of Canada Lowers Interest Rates to Support Economic Growth
The Bank of Canada announced today a reduction in its target for the overnight rate to 3.75%, with the Bank Rate set at 4% and [more…]
Inflation and Jobless Claims Rise Amid Economic Uncertainty
The latest economic data reveals that U.S. inflation slightly exceeded expectations in September, while jobless claims surged to a 14-month high, signaling possible weakness in [more…]
Federal Reserve’s Powell Signals Cautious Approach on Interest Rate Cuts
In his recent address at Spelman College in Atlanta, Federal Reserve Chairman Jerome Powell presented a clear and cautious stance on the future of interest [more…]
