Bank of Canada issues warning: High immigration rate can't conceal grim economic data. Economy faces huge challenges.
Although Canada may not have technically entered a recession, some economists suggest that the declining trend in per capita output is similar to previous economic downturns. Therefore, economists recommend that decision makers analyze beyond the overall positive economic data released in recent quarters in Canada.
Keeping quiet to hold back the trump card? With 38 days without any public statement, Hideo Ueda set the longest "silent" record.
For this governor, who sometimes speaks multiple times in one day, such a long "silence" seems particularly unusual.
Express News | Macro Hedge: Japanese economic data may lead the Bank of Japan to remain neutral.
Japan's Economic Data May Tilt Risks Toward BOJ Hold -- Market Talk
More momentum for the yen bulls? Tokyo's inflation accelerated in July, but there are hidden worries in the details.
As a leading indicator of Japan's nationwide inflation data, Tokyo's inflation rate in July has risen for the third consecutive month, which means there is a greater possibility of the Bank of Japan raising interest rates next week.
Tokyo's core CPI accelerated in July, and the Bank of Japan still has the option to raise interest rates.
Japan's Ministry of Internal Affairs announced on Friday (July 26) that the core CPI, excluding fresh food, rose by 2.2% year-on-year, higher than June's 2.1%. This figure is in line with general expectations. The acceleration of core inflation in Japan in July provides strong support for the Bank of Japan to raise interest rates at its meeting next week, with the data boosted by the recent reduction in public utility cost subsidies.