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Top related persons:
Carlos Osorio - 1 Royce Mendes - 1 that's - 1 Paul Smith - 1 Doug Porter - 1 Ismail Shakil - 1 Steve Scherer - 1 Fergal Smith - 1
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Toronto Ontario Canada OTTAWA Statistics Canada Ottawa Toronto
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Queen - 1 West - 1 REUTERS - 1 Statistics - 1 Desjardins - 1 Bank of Canada’s - 1 The Bank of Canada - 1 BoC - 1

Search resuls for: "Bank of Canada’s"


2 mentions found


☆ Soft Canada jobs report cements rate-hold bets for this year
  + stars: | 2023-11-03 | by ( Ismail Shakil Steve Scherer | Ismail Shakil | Steve Scherer | ) www.reuters.com   time to read: +4 min
A help wanted sign hangs in a bar window along Queen Street West in Toronto Ontario, Canada June 10, 2022. Canada added a net 17,500 jobs in October, Statistics Canada data showed. The softer-than-anticipated jobs report follows data out earlier this week indicating that the economy likely slipped into a shallow recession in the third quarter. "This will keep the Bank of Canada pinned more fully to the sidelines, although we still believe that rate relief remains a distant prospect." The services sector gained 10,000 jobs, led by information, culture and recreation as well as healthcare and social assistance.
Persons: Carlos Osorio, Royce Mendes, that's, Paul Smith, Doug Porter, Ismail Shakil, Steve Scherer, Fergal Smith, Nivedita Balu, Dale Smith, Louise Heavens, Andrea Ricci Organizations: Queen, West, REUTERS, Statistics, Reuters, Desjardins, Bank of Canada’s, The Bank of Canada, BoC, P, P Global Market Intelligence, CENTRAL BANK, Canadian, BMO Capital Markets, Bank of Canada, Thomson Locations: Toronto Ontario, Canada, OTTAWA, Statistics Canada, Ottawa, Toronto
☆ Inflation is a global problem. Here’s how central banks are addressing it
  + stars: | 2022-09-21 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +7 min
In Turkey and Argentina, annual inflation rates are forecast to clock in at a whopping 80%. At least 75 have lifted their benchmark interest rates in the past year, increasing the price of credit across the world. In July, it instituted its second consecutive 0.75 percentage point interest rate increase, taking its benchmark rate to a range of 2.25% to 2.5%. The country is struggling with rampant inflation rate that rose to a 20-year high of nearly 80% in August. The country’s annual inflation rate slowed to 7% in August, below analyst forecasts of 7.3% and down from 7.6% in July.
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