21:49:06
Bank of Canada Governor Macklem: Monetary policy is working and economic growth momentum is strengthening.
21:48:47
Bank of Canada Governor Macklem: CPI is likely to remain around 3% in the coming months due to rising gasoline prices.
21:48:22
Bank of Canada: CPI is expected to be close to 3% in the first half of 2024, fall below 2.5% in the second half of the year, and reach the target of 2% in 2025.
21:48:05
The Bank of Canada reiterated its focus on the supply-demand balance, inflation expectations, wage growth and business pricing behavior.
21:47:44
Bank of Canada: Will closely monitor whether downward momentum continues, with particular attention to the development of core inflation.
21:47:24
Bank of Canada: While inflation remains too high and risks remain, CPI and core inflation have slowed further in recent months.
21:46:54
Bank of Canada: Raised GDP growth forecast for 2024 to 0.5% due to exports and consumption.
21:46:01
Bank of Canada: Raise the neutral interest rate range by 25 basis points to 2.25%-3.25%.
21:45:54
The U.S. dollar against the Canadian dollar USD/CAD fell slightly in the short term and is now at 1.3654.
21:45:43
Bank of Canada: Inflation is in line with our needs, but we would like to see a longer-term downward trend.
21:45:22
The Bank of Canada lowered its CPI forecast for 2024 from 2.8% to 2.6%; CPI is expected to be 2.2% in 2025.
21:45:06
[Bank of Canada keeps interest rate unchanged as expected] The Bank of Canada kept its policy interest rate unchanged at 5% for the sixth time, in line with market expectations.
21:40:10
Switzerland to invite more than 100 countries to Ukraine peace conference
21:39:58
Delta Air Lines (DAL.N) shares rose 4%, with shares at their highest intraday level since July.
21:37:07
US President Biden: Calling on companies to use record profits to lower prices.
21:35:51
US President Biden: Inflation has fallen by more than 60% from its peak, but more efforts are still needed.
21:35:00
The Bank of Canada will announce its interest rate decision and monetary policy report in ten minutes.
21:33:31
After the release of the U.S. data, the yield gap between U.S. and German 10-year Treasury bonds hit 213.65 basis points, the largest since December 2019.
21:33:08
Spot gold once fell below $2,320 an ounce, falling 1.37% on the day and falling $40 from its intraday high.
21:32:14
Spot silver continued to fall, down more than 2% on the day and is now trading at $27.58 per ounce.