Express News | Bank of Canada Governor Macram: Higher interest rates will continue to limit household spending

BreakingsMay 9 23:51

Bank of Canada warns of risks brought about by changes in interest rate cut expectations

Glonghui, May 9 | The Bank of Canada warned that if interest rate trends do not meet market expectations, the prices of some assets may suddenly reverse. The central bank's financial stability report said that after rapid and aggressive austerity policies, the market “is paying more and more attention to when and how much interest rates will fall.” This has reinvigorated risk appetite and boosted asset prices. Markets and economists have lowered their expectations for the Bank of Canada to cut interest rates, partly because people think that the Bank of Canada deviates from the Federal Reserve's policy to a limited extent without causing monetary weakness.

Gelonghui FinanceMay 9 22:36

Canadian Dollar Claws Back Ground on Data-light Wednesday

Canadian Dollar rebounds after previous day’s downside.

FXStreetMay 9 00:40

Rental costs are soaring! Major central banks face stubborn obstacles to curbing inflation

In the US, the UK, Canada, and Australia, rapidly rising housing costs — which weigh heavily in the consumer price index basket — are preventing inflation from falling back to the central bank's target level.

Zhitong FinanceMay 8 11:22

Heavy! The “full circulation” rule for H shares was adjusted, and the brokerage abolished transaction quota control

After the implementation of the new regulations, investors are not required to register before reducing their holdings. After reducing their holdings, they must register with the Foreign Exchange Bureau within 20 working days. The brokerage firm removed transaction amount control.

券商中國May 8 09:16

Canada's economy is in a hurry: falling productivity triggers calls for the Bank of Canada to cut interest rates early

David Rosenberg, founder and president of the independent research company Rosenberg Research & Associates Inc., studied the Canadian economy. He pointed out that the decline in the Canadian economy and the decline in productivity means that the Bank of Canada should cut interest rates without considering whether the Federal Reserve will cut interest rates.

FX168May 8 01:32