Economy
China Announces $1 Trillion Push to Become 'Sports Powerhouse'
5 things to know from G20 finance summit
Global bond sell-off signals entry into a higher-rate era
US Trade Gap Widens to Largest Since Early 2025 on AI Push
Energy Prices Surge on Iran Fighting, Reviving Inflation Fears
Sharp rise in utility bills pushes Russia's inflation further off target
Bank of Canada Holds Rates Steady, Warns of Trade and Geopolitical Risks
The Bank of Canada maintained interest rates for the seventh straight meeting while highlighting inflation risks stemming from international trade tensions, U.S. tariff disputes, and conflict in Iran.
- The Bank of Canada kept interest rates steady for a seventh consecutive meeting.
- The bank pointed to trade war escalation and Iran conflict risks as primary inflation drivers.
- Bank of Canada is set to hold borrowing costs steady.
- Trade war with the US creates new dilemmas for Governor Tiff Macklem.
- The Bank of Canada held its interest rate steady.
- Policymakers are factoring potential U.S. tariff disputes into their economic outlook.
G20 wraps without consensus amid bond market sell-off
IMF agrees $2.2B Senegal loan package
Nigeria's economy grows at fastest pace in five years
US Fed Governor Waller Floats September Rate Hold
US Services Sector Expands in August with Price Gauge at Four-Year High
Ghana Tightens Gold Export Regulations to Retain Value Domestically
US Private Payrolls Rose by 38,000 in August, ADP Data Shows
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