Who believes that Economy ready to start creating jobs again for TD Bank?
OTTAWA – Consumer prices rose more than expected last month, but there were few signs the Canadian economy was heating up sufficiently to cause the Bank of Canada to jump the gun on interest rate hikes. Canada’s inflation increased for the second straight month to hit an eight-month high of one per cent in November, Statistics Canada reported. That’s 0.2 points above consensus, in another signal the economy is normalizing. But prospects for further monthly jumps were slim and core inflation, which excludes volatile items such as food and energy costs, actually fell three-tenths of a point to 1.5 per cent, still a half point below the central bank’s favoured level. Thursday also saw a flurry of economic forecasts that predicts Canada will lead the G7 industrial nations in growth next year, although at 2.7 per cent, it resembles a race of economic turtles. The good news is that according to several bank reports, the world economy will advance at an about four-per-cent pace next year and
Economy ready to start creating jobs again, TD Bank says By Julian Beltrame, The Canadian Press OTTAWA – Consumer prices rose more than expected last month, but there were few signs the Canadian economy was heating up sufficiently to cause the Bank of Canada to jump the gun on interest rate hikes. Canada’s inflation increased for the second straight month to hit an eight-month high of one per cent in November, Statistics Canada reported. That’s 0.2 points above consensus, in another signal the economy is normalizing. But prospects for further monthly jumps were slim and core inflation, which excludes volatile items such as food and energy costs, actually fell three-tenths of a point to 1.5 per cent, still a half point below the central bank’s favoured level. Thursday also saw a flurry of economic forecasts that predicts Canada will lead the G7 industrial nations in growth next year, although at 2.7 per cent, it resembles a race of economic turtles. The good news is that according to se
OTTAWA — Consumer prices rose more than expected last month, but there were few signs the Canadian economy was heating up sufficiently to cause the Bank of Canada to jump the gun on interest rate hikes. Canada’s inflation increased for the second straight month to hit an eight-month high of one per cent in November, Statistics Canada reported. That’s 0.2 points above consensus, in another signal the economy is normalizing. But prospects for further monthly jumps were slim and core inflation, which excludes volatile items such as food and energy costs, actually fell three-tenths of a point to 1.5 per cent, still a half point below the central bank’s favoured level. Thursday also saw a flurry of economic forecasts that predicts Canada will lead the G7 industrial nations in growth next year, although at 2.7 per cent, it resembles a race of economic turtles. Sources: http://ww
Economy ready to start creating jobs again, TD Bank says By Julian Beltrame, The Canadian Press OTTAWA – Consumer prices rose more than expected last month, but there were few signs the Canadian economy was heating up sufficiently to cause the Bank of Canada to jump the gun on interest rate hikes. Canada’s inflation increased for the second straight month to hit an eight-month high of one per cent in November, Statistics Canada reported. That’s 0.2 points above consensus, in another signal the economy is normalizing. But prospects for further monthly jumps were slim and core inflation, which excludes volatile items such as food and energy costs, actually fell three-tenths of a point to 1.5 per cent, still a half point below the central bank’s favoured level. Thursday also saw a flurry of economic forecasts that predicts Canada will lead the G7 industrial nations in growth next year, although at 2.7 per cent, it resembles a race of economic turtles. The good news is that according to se
