Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Canada's central bank cut rates amid trade fears and weak hiring, citing cautious data-driven outlook.

flag Bank of Canada Governor Tiff Macklem said the central bank will resume economic forecasting with caution, citing ongoing trade uncertainties, particularly U.S. tariffs and global tensions, despite reduced risks since spring. flag He noted business investment and hiring remain hesitant, though artificial intelligence is boosting productivity and growth. flag Despite a strong September jobs gain, recent job losses and labor market softening contributed to a recent quarter-point rate cut. flag The Bank will assess incoming data on inflation, exports, investment, and consumer spending ahead of its Oct. 29 decision, emphasizing a data-driven, cautious approach.

15 Articles