Wednesday, 24th April 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Your email address will not be published.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

3 days ago
Nigeria has halved government borrowing from the central bank, Finance Minister Wale Edun told Reuters in an interview on Thursday, as Africa's biggest economy works to curb monetary financing and turn to markets to plug revenue shortfalls.
1 day ago
Only 40 of 100 private firms studied have pledged to achieve zero carbon emissions, compared to 70 out of 100 publicly-listed firms. Net Zero Tracker blames a lack of market and reputational pressures, as well as an absence of regulation.
19 hours ago
Aigboje Aig-Imoukhuede, the Chairman of Access Holdings says the move by the group to raise $1.5 billion over five years reflects the financial institutions growth plans. Speaking with CNBC Africa's Kenneth Igbomor, Aig-Imoukhuede reiterates that the decision for a rights issue was in line with the role of its shareholders in the growth of the bank over the years.
1 day ago
South Africa is edging closer to a major healthcare overhaul with a bill that aims to provide universal coverage, but concerns are mounting over whether the struggling public system is ready to implement such an ambitious plan, healthcare workers, patients and business groups say.
19 hours ago
Infusions, anti-aging creams or anti-stress drops made from cannabis are some of the food supplements that Morocco will begin to market imminently and that are already on display at the International Agriculture Exhibition (SIAM) inaugurated this Monday, after legalization of this plant in 2021 for pharmaceutical and industrial uses.
8 hours ago
The German government revised its economic growth forecast for 2024 marginally from 0.2% to 0.3%, Economy Minister Robert Habeck confirmed on Wednesday afternoon.