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By Karen Brettell NEW YORK (Reuters) - The dollar gained on Thursday and hit a one-week high against the Japanese yen after Federal Reserve Chair Jerome Powell said that Fed policymakers are "are not...
On Wednesday, both the S&P/TSX composite index and major New York indices, including the Dow Jones average, S&P 500 index, and Nasdaq composite, experienced a downturn due to weakening energy and base...
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada's trade surplus with the world increased twice as much as forecast in September, as higher crude prices helped exports gain for a third...
The Quebec City Census Metropolitan Area (CMA) has experienced a thriving real estate market in October 2023, marking it as the third-best performing October in 23 years. The robust regional economy...
Bank of Canada's Governor, Tiff Macklem, expressed concerns over the bank's decision to maintain the neutral rate of interest during their annual review. Speaking at a Senate economy committee meeting...
The Canadian economy has shown signs of stagnation in the recent quarter, potentially entering a technical recession due to previous aggressive rate increases by the Bank of Canada. Preliminary...
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) - The Canadian economy flatlined in August and likely slipped into a shallow recession in the third quarter, data showed on Tuesday, a week after...
TORONTO (Reuters) - Below are some key quotes from a news conference by the Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank held key...
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada (BoC) on Wednesday held its key overnight rate at 5.0% as expected and forecast weak growth, while leaving the door open to...
Governor Tiff Macklem's Bank of Canada (BoC) is expected to maintain its overnight target rate at 5% for the second time following the October meeting, according to Wednesday's updates. This decision...
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