The Bank of Canada (BoC) has trimmed its key interest rate by 25 basis points for the second consecutive month, bringing it to 4.5%. This decision signals a shift towards a more dovish stance, acknowledging …
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Argentina’s Inflation Slows But Skepticism Remains
Argentina’s inflation has slowed dramatically since President Javier Milei took office, but many residents remain skeptical of the official figures and continue to feel the impact of high prices in their daily lives. Inflation has …
Continue readingArgentina’s Inflation Cools, But Skepticism Remains Amidst Economic Hardship
Argentina has seen a significant drop in inflation, with the rate falling from 25.5% in December to 4.2% in May. This slowdown has been attributed to President Javier Milei’s austerity measures and cost-cutting efforts. However, …
Continue readingCanada’s Jobless Rate Surges to 29-Month High, Boosting Rate Cut Bets
Canada’s unemployment rate climbed to a 29-month high of 6.4% in June, raising concerns about a potential recession and increasing expectations of a rate cut by the Bank of Canada (BoC) this month. The rise …
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