Canada's Economy Contracts for a Second Straight Quarter

WSJMay 29 21:02

Canada's March GDP Falls 0.1%, Misses Expectations; April Seen Rebounding 0.4%

MT NewswiresMay 29 20:49

Canada's Q1 Current Account Deficit Widens Much More Than Expected on Lower Investment Income, Higher Goods Deficit

MT NewswiresMay 28 20:42

Canada Monetary Reserves Decline $30 Million

WSJMay 5 20:19

Bank of Canada Holds Policy Rate Steady, Expects Inflation to Peak in April

WSJApr 29 21:47

Trump's influence on oil prices and rising expectations of uncontrollable inflation have made global central banks hesitant to take action.

The second wave of energy shocks within five years is imminent, with the world's five major central banks expected to remain on hold this week. Trump's social media posts continue to stir the oil market, while conflicts in the Middle East make inflation trends difficult to predict. The Federal Reserve remains vigilant against the risk of high inflation becoming "entrenched" in the economy, whereas the European Central Bank feels more comfortable adopting a wait-and-see stance. Expectations for interest rate hikes by the Bank of Japan and the Bank of England have abruptly cooled. The painful lesson from misjudging inflation in 2022 is still fresh in the minds of central banks, leading them to prefer staying cautious rather than making hasty moves amid uncertainty.

wallstreetcnApr 27 14:40