22:25:11
French President Macron: We will continue to promote the restoration of power to Gaza hospitals. The situation is very urgent.
22:17:17
Egyptian President Sisi: French President Macron believes that asking Palestinians to move from their homes is not feasible.
22:15:19
Egyptian President Sisi said during a meeting with French President Macron that the transfer of Palestinians from the Gaza Strip to Egyptian territory would be "extremely dangerous."
22:06:37
Bank of Canada: The central bank’s preferred core inflation indicator shows weak downward momentum, and the central bank hopes to see downward momentum in core inflation.
22:06:22
Bank of Canada: In addition to rising mortgage interest costs, inflation in rent and other housing costs remains high.
22:06:09
Bank of Canada: Inflation forecast is 3.9% in 2023 (3.7% in July), 3.0% in 2024 (2.5% in July), and 2.2% in 2025 (2.1% in July).
22:05:49
The U.S. dollar against the Canadian dollar USD/CAD rose 40 points in the short term and is now at 1.3806.
22:05:27
Bank of Canada: Annualized GDP is expected to be 0.8% in the third quarter (1.5% in July) and 0.8% in the fourth quarter.
22:05:11
Bank of Canada: Overall, progress toward lower inflation has been slower than expected.
22:04:50
Bank of Canada: Inflation expectations remain high in the short term, and there is a risk that they may become a driver of wage and price setting behavior.
22:04:38
Bank of Canada: Growth forecasts are 1.2% in 2023 (1.8% in July), 0.9% in 2024 (1.2% in July), and 2.5% in 2025 (2.4% in July).
22:03:41
Bank of Canada: The central bank continues to remain vigilant as underlying inflation persists; the Palestinian-Israeli conflict is a new source of geopolitical uncertainty.
22:03:23
Bank of Canada: Continue to focus on supply and demand balance, inflation expectations, wage growth and corporate pricing behavior.
22:03:12
Bank of Canada: High interest rates are slowing inflation for many goods people buy on credit, and this is spreading to services.
22:03:11
Market news: Apple will increase the price of TV+ service from US$6.99 to US$9.99 per month.
22:02:39
Bank of Canada: Expected annualized GDP growth in the third and fourth quarters to be 0.8%.
22:02:30
Bank of Canada: CPI expectations and corporate pricing behavior will "gradually" return to normal in the short term.
22:02:20
Bank of Canada: There is growing evidence that past interest rate hikes are suppressing economic activity and easing price pressures.
22:02:00
Bank of Canada: Will further increase policy rates if necessary.
22:01:42
Bank of Canada: Food inflation has eased, housing costs remain high.