Thursday, 2nd May 2024
To guardian.ng
Search

Is the Bank of Canada on hold for 2016?

By Bloomberg
07 March 2016   |   8:34 am
The Bank of Canada may not be done with interest-rate cuts just yet. Seven of 19 economists in a Bloomberg survey predict the central bank will lower borrowing costs at some point in 2016, with the rest forecasting it will stay on the sidelines. The next decision is March 9. Pamela Ritchie speaks with Bloomberg's Bureau Chief in Ottawa, Theophilos Argitis for the details.

0 Comments

Your email address will not be published. Required fields are marked *

Related

27 Apr
Nigeria has revoked 924 dormant mining licences while calling on investors to apply for the licences offered on a first-come, first-served basis. Meanwhile, the Lagos Chamber of Commerce and Industry is urging the government to review the mining industry strategy to attract mineral exploration investments, reignite mining project development, and accelerate new mineral discoveries.
4 days ago
Paris's landmark museum is gearing up for the Olympics, with a special exhibition that takes visitors through the history of the Games. We hear more about a project for those who want to combine exercise and culture, as the Louvre launches a fitness circuit that puts participants among the artwork. Plus, a new show shines a light on the work of mysterious Dutch painter Jan van Eyck, and French land artist Saype gets his first solo show in Paris, after painting his immense frescoes on landscapes around the world.
4 days ago
The government of the Democratic Republic of Congo is accusing Apple of using "illegally exploited" minerals extracted from the country's embattled east in its products, lawyers representing the African country said Thursday.
3 days ago
Nigeria’s Federal Competition and Consumer Protection Commission is intensifying its price monitoring and surveillance exercise across the country in a bid to address irregularities in retail prices of goods and services. Adamu Abdullahi, the acting Executive Vice Chairman and Chief Executive Officer of the Federal Competition Consumer Protection Commission, joins CNBC Africa for this discussion.
2 days ago
US Entertainment giant Paramount Global announced on Monday that CEO Bob Bakish was stepping down. In this edition, we take a closer look at how the company's controlling shareholder, Shari Redstone, may have been behind this move and why the firm's value has plummeted 80 percent in the past eight years. Meanwhile in Argentina, President Javier Milei's second attempt at getting his economic overhaul package through parliament is facing fierce opposition.
25 mins ago
Oil marketers in Nigeria have attributed the reoccurrence of petrol scarcity to supply chain bottlenecks. Meanwhile, Angola has increased the price of diesel, as it phases out subsidies on the petroleum product. Rhode Luemba, Head of Flow Sales, Global Markets at Standard Bank Group, joins CNBC Africa to discuss these stories and more.