Category

Economy

BoC likely done raising rates, to cut by mid-2024 say economists

BoC likely done raising rates, to cut by mid-2024 say economists

By Milounee Purohit BENGALURU (Reuters) - The Bank of Canada is probably done raising interest rates and will hold them at 5.00% for at least six months, according to a Reuters poll of economists that found a majority expecting a reduction in the second quarter of...

Take Five: Another curve ball for markets

Take Five: Another curve ball for markets

(Reuters) -Escalating tension in the Middle East and surging U.S. bond yields set financial markets up for more turbulence, exacerbated by high oil prices and China's property pain. The European Central Bank looks set to sit tight after a string of interest rate...

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