"The Bank of Canada needs to do something to revive the economy and stop inflation from falling too far. Our view is that a 50 basis point rate cut is the right dose of medicine," Royce Mendes, head of macro strategy for Desjardins Group, wrote in a report. The Canadi...
The Federal Reserve’s preferred inflation gauge, the PCE price index, cooled last month, if economists’ forecasts are right. But slower inflation still won’t change the Fed’s current pause on interest rates.
Fiscal SriLankan to boost fleet, ex-Colombo market share in new 5-year plan The airline also planned to strengthen its position on routes which had market leadership February 28, 20251 min read Sri Lanka debt to GDP outperforms IMF DSA as high inflation target missed...
By April of 2024, we might be through most of the bad news and economic crisis. The economist’s dour predictions of a 2024 crash/downturn will be done. By then, the Dems will have to capitulate on spending to reduce inflation, and that will drive a massive upward shift in the DOW, ...
And inflation is expected to hover around 7% in the final quarter of this year, fall to around 3% by the end of next year and return to the 2% target by the end of 2024. “If we don’t do enough, Canadians will continue to endure the hardship of high inflation. And they will ...
Canada's central bank held the key interest rate at 5 per cent inJanuaryand March. "Consumer Price Index (CPI) inflation eased to 2.9 per cent in January, as goods price inflation moderated further. Shelter price inflation remains elevated and is the biggest contributor to inflation," the BoC...
The tariffs proposed by President Donald Trump will likely lead to higher prices – and inflation – for consumers. Tim Smart and Laura MannweilerMarch 4, 2025 What Is a Tariff and Who Pays It? A look at who is attending Trump’s address, who is giving the Democr...
Stock market analysts are still rosy about theUS economypricing in rate cuts. Yet those rate cuts aren’t certain. Inflation continues just below 3%, and J Powel and theFED stated they are fixated on 2%. They would have to go back on their stated intention of 2%. ...
Inflation Steady in January, as Expected President Donald Trump’s Cabinet is made up largely of his most loyal supporters. Here’s a look at who has already been confirmed and who is waiting. Cecelia Smith-Schoenwalder and Alan KronenbergFeb. 27, 2025 Who’s Coming to ...
With theeducator expense deduction, qualified K-12 educators can deduct up to $300 for materials purchased in 2024. The maximum deduction is adjusted for inflation each year (although it was $300 in 2023, too). You can also take advantage of this deduction even if you don’t itemize. ...