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Fed’s Waller calls for “more caution” on rate cuts

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Palo Alto, California (Reuters) - Citing recent data showing an uptick in inflation and a U.S. economy and labor market that are stronger than...
Bussiness

Fed’s Waller calls for “more caution” on rate cuts

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Palo Alto, California (Reuters) - Citing recent data showing an uptick in inflation and a U.S. economy and labor market that are stronger than...
Jobs

CAD the Big Loser This Week Despite Higher Canada Employment

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Most currencies closed the week little changed, as tensions in the Middle East abated, while the CAD lost 2 cents, as USD/CAD surged to...
Bussiness

Unemployment rate falls to 6.5% in Canada but ‘mixed signals’ muddy odds of a 50 bp rate cut

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Headline Canadian labour market data defied expectations in September, with a net 46,700 jobs added and the unemployment rate dropping to 6.5 per cent,...
Jobs

Canada’s TSX touches record high after strong domestic jobs data

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Canada's main stock index hit a record high on Friday led by gains in mining stocks, while a surprise decline in domestic unemployment rate...
Bussiness

Economy adds 47,000 jobs in September, unemployment rate falls to 6.5 per cent

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OTTAWA — The economy added 47,000 jobs in September, while the unemployment rate declined for the first time since January to 6.5 per cent,...
Jobs

Unemployment rate drops to 6.5 per cent in Canada as jobs data beat expectations

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Canada’s labour market defied expectations in September, adding a net 46,700 jobs, with the unemployment rate dropping to 6.5 per cent, according to Statistics...
Jobs

Jobless rate drops to 6.5% in September. What that means for rate cut hopes – National | Globalnews.ca

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The Canadian economy added some 47,000 jobs in September, enough to lower the unemployment rate for the first time since the start of 2024. Statistics...
Jobs

Canada’s jobless rate dips in Sept, weakens case for 50 bps rate cut

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By Ismail Shakil and Promit MukherjeeOTTAWA (Reuters) -Canada's economy added a net 46,700 jobs in September and the unemployment rate unexpectedly decreased, data showed...
Bussiness

Faster move to neutral rate could help Bank of Canada fend off below-target inflation

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By Fergal SmithTORONTO (Reuters) - The Bank of Canada is likely to lower interest rates to a neutral setting that neither restricts nor stimulates...
Bussiness

US 30-year mortgage rises to 6.32%, biggest weekly gain since April, Freddie Mac says

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(Reuters) - The average rate on the popular U.S. 30-year mortgage rate increased to 6.32% this week, its largest one week increase since April,...
Bussiness

Fed’s Bostic says labor market slowing but not slow, jobs gains ‘robust’

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WASHINGTON (Reuters) - Last week's jobs numbers confirm the U.S. labor market remains strong even though it may be slowing, with a 4.1% unemployment...
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