Bank of Canada officials want growth to accelerate and absorb the sizable amount of spare capacity in the economy, Gov. Tiff Macklem said Tuesday, arguing this is a requisite to keep inflation at or ...
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Italy's UniCredit won't seek a seat on Commerzbank's supervisory board despite a recent move to become the German bank's biggest shareholder, UniCredit's chief executive said Wednesday.
Friday’s GDP report is expected to show slight growth in July, but that third-quarter growth is on track to be well below the Bank of Canada’s forecasts. Analysts say it could push the central bank to ...
Falling interest rates and recovering real wages will help drive a slight pickup in global economic growth this year and next, while recent falls in oil prices could aid the final push to tame ...
Upside Risks to Inflation 'Remain Prominent,' Fed's Bowman Says; China Delivers Another Rate Cut By Hardika Singh Inflation remains more of a concern than potential weakness in the labor market, ...
The USD/CAD forecast shows a new low for the pair this year after the loonie soared on improved risk sentiment.
Canada's main stock index extended its record-setting run on Tuesday, led by gains for energy and metal mining shares, as ...
For now, the Bank of Canada is shifting away from preparations for a possible central bank digital currency amid the lack of ...