Kokeile Lectinect Vatsaa ilmaiseksi* 30 päivän ajan!The London-based research firm says oil would need to settle above US$100 per barrel for central banks to hike rates.OTTAWA — Canada's inflation rate has been rising for two consecutive months as underlying price pressures remain stubbornly high, a combination that makes the Bank of Canada's next interest rate decision more challenging.
Forecasters were widely anticipating inflation to come in hotter last month due to higher gasoline prices. But Tuesday' -- A Bank of Canada official said she sees evidence higher rates are working to cool the economy, blaming a hotter-than-expected inflation reading on monthly volatility driven in part by energy and rental costs.Most Read from BloombergVegas’ Newest Resort Is a $3.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
S&P 500 Marks 100 Days Without 1.5% Drop, First Time Since 2018US stocks continued their slog through the end of summer, but the S&P 500 Index just notched a resiliency milestone not seen in five years.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Pimco’s Browne Sees 15% Drop in S&P 500 From an Oil Price ShockSkyrocketing fuel costs are one of the forces threatening to upend the stock market as policymakers try to navigate the US economy to a soft landing, according to Pimco’s Erin Browne.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
BofA lifts S&P 500 2023-end target by 7%, led by 'old economy' stocksThe S&P 500 is up 15.7% so far this year, largely driven by a rally in a handful of mega-cap growth stocks such as Nvidia and Meta that have ridden the artificial intelligence (AI) boom. While the rally has been moderating, BofA remains in 'neutral' to 'positive' territory on U.S. stocks, with a bias towards equal-weighted stocks, strategists led by Savita Subramanian said. An equal-weight index assigns uniform weights to each constituent, unlike a market capitalization-based index, like the S&P 500, where bigger companies tend to have an outsized influence.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »