6 hours agoCanadaFinance Minister says: Bank of Canada rate cut is welcome news Canada's finance minister says the Bank of Canada rate cut is welcome news. Article source: Cailianhe solemnly declare: Eastern wealth released this content to disseminate more information, has nothing to do with the position of this site, does not constitute investment advice. Do so at your own risk.
Xinhua News Agency, Ottawa, June 5 (Reporter Lin Wei)CanadaThe Bank of China (central bank) announced on the 5th that it will cut the benchmark interest rate by 25 basis points to 4.75%. The Bank of Canada says inflation eased to 2.7% in April. Core inflation has also moderated, with indicators continuing to decline over the past three months. The Canadian economy remains oversupplied. Economic growth picked up in the first quarter of this year after stalling in the second half of last year, and domestic production...
【CanadaCentral Bank Governor McCollum: Still need restrictive monetary policy 】 Federal News Agency, June 5, the Bank of Canada governor McCollum said that it appears that the economy is achieving a soft landing; For some time, there is still room for the economy to grow faster than its potential. We still need a restrictive monetary policy.
Yesterday 22:13CanadaThe central bank cut interest rates by 25 basis points to 4.75 percent, becoming the first central bank in the Group of Seven (G7) leading economies to start an easing cycle. Bank of Canada Governor Stephen McCollum said there is continuing evidence that core inflation is easing and monetary policy no longer needs to be too tight. If inflation continues to slow, it is reasonable to expect more rate cuts. This article is from: Financial AI Telegram
CanadaCentral Bank Governor McCollum: The timing of interest rate cuts depends on future data [Bank of Canada Governor McCollum: The timing of interest rate cuts depends on future data] CaiyAP, June 5, the Bank of Canada Governor McCollum said that we will make decisions meeting by meeting; The timing of rate cuts depends on future data; The path of future rate cuts is likely to be gradual.
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On June 5, 2024, the Railway Transport CorporationCanadaNational Railway (CNI) turnover was 238 million US dollars, ranking 300th among US stocks on the day, with a turnover of 256.30% higher than yesterday, with a turnover of 1.9030 million on the day. Canadian National Railway (CNI) rose 0.51% to $126.05 on June 5, 2024, the stock gained 2.34% over the past five trading days, lost 1.01% for the whole of June, and gained 0.33% year-to-date.
Caixin June 5 news (editor Shi Zhengcheng) Beijing time on Wednesday night at 21:45,CanadaThe central bank issued an interest rate decision, announcing that the benchmark interest rate will be cut by 25 basis points to 4.75%. (Source: Bank of Canada) For global investors, this is also extremely iconic...
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Swap market:CanadaThere is a 60% chance the Bank of Canada will cut interest rates further in July, according to data from the Canadian swap market. This article is from: Financial AI Telegram
CanadaOn June 5 local time, the bank decided to cut its policy rate by 25 basis points, from 5 percent to 4.75 percent. This is the first time the Bank of Canada has cut its policy rate in more than four years. The financial community believes that the current inflation situation in Canada has been eased, and the economic growth.
Yesterday at 21:48CanadaThe central bank cut interest rates by 25 basis points to 4.75 percent, the first cut for G7 countries. Without the authorization of the National Business Daily, it shall not be used in any way, including but not limited to reprinting, compiling, copying or creating mirror images, etc. All rights reserved.