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Bank of Canada plans to maintain inflation target as they face increasing risks

Bank of Canada Introduces Dual Mandate Approach The Bank of Canada has introduced a new dual mandate approach in its monetary policy strategy. This shift involves setting an inflation target of 2% while allowing flexibility…

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The Bank of Canada should monitor this hurdle like a hawk on rate cuts.

Posthaste: The Bank of Canada is cautiously weighing whether to cut interest rates again, amid low inflation and sluggish employment growth. The central bank's decision hinges on economic indicators like the job market and consumer…

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Canada avoids a technical recession but faces slow economic growth.

Overview of Current Economic Conditions The Canadian economy is navigating a complex landscape characterized by slow growth, tight labor markets, and inflationary pressures. Recent GDP figures have raised concerns about the Bank of Canada's monetary…

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Trending Stocks Include Nvidia, Microsoft, Meta, Tencent and NextEra

At the highly-anticipated Consumer Electronics Show (CES) in Las Vegas on Monday, Nvidia unveiled its latest innovation - the GB10 superchip. Alongside this groundbreaking announcement, the chipmaker also introduced other AI-centric developments that are set…

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