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Economic News Roundup: Inflation and Rate Cuts
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Bank of Canada Raises Interest Rates Ami...
Bank of Canada's Mortgage Concerns and N...
Bank of Canada's Rate Dilemma
Alberta's Budget Surplus Forecast
Bank of Canada's Divergence from Fed
Bank of Canada's Economic Challenges
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Economic news includes rising U.S. consumer confidence, declining retail sales in Canada, reduced luxury spending in China, and expectations for Malaysia's central bank to maintain its benchmark policy rate. The Bank of Canada is expected to keep interest rates on hold as stubborn inflation delays a rate cut, with potential cuts in April or later. Canada's economic shrinkage in the third quarter of 2023 raises concerns about an economic slump.
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How could the potential rate cuts in April or later affect the Canadian economy and its businesses?
How might the decline in retail sales in Canada impact the country's overall economy?
What strategies could the Bank of Canada employ to combat stubborn inflation?
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