-
Bank of Canada set to cut again despite inflation uptick
October has delivered broadly hawkish hard data for the Bank of Canada. The September jobs report showed solid 60k employment gains while unemployment held stable at 7.1%. Earlier this week, headline inflation (also for September) rose faster than consensus to 2.4%, with both core measures – median and trim – also accelerating by 0.1-0.2% above 3.0%. Yet, markets are pricing in 21bp of easing for the 29 October meeting. We are aligned with the consensus majority in expecting a 25bp cut to 2.25% next week. The rationale lies – once again – in the bleak Canadian economic outlook. The Bank of Canada’s ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From fxnewsgroup.com|Oct 23, 2025Today Blockchain.com announced the company received its MiCA (Markets in Crypto-Assets) license, a major step that allows us to provide crypto services across all 30 European ...
From @zerohedge|Oct 23, 2025|13 comments*TRUMP TO MEET WITH XI JINPING NEXT THURSDAY
From cointelegraph.com|Oct 23, 2025Ethereum’s native token, Ether , is hinting at a textbook bearish reversal setup after dropping 6.50% so far in October. As of Thursday, Ether’s 4-hour chart shows a triple ...
-
- Newer Stories
From morningstar.com|Oct 23, 2025Heading into October, crypto investors were eager to see more gains. "Uptober," they were calling it. But instead, the month has mostly been marked by losses following the biggest ...
From @Top_Bloomberg|Oct 23, 2025|15 comments*TRUMP: THINK WE'RE GONNA COME OUT VERY WELL ON XI MEETING TRUMP REITERATES TARIFF ON CHINA STARTS NOV. 1
From youtube.com/cnbctelevision|Oct 23, 2025On today's episode of CNBC Crypto World, major cryptocurrencies rebound from Wednesday's pullback. Plus, the White House said that President Trump has pardoned Binance founder ...
