FLCA News and Press, Franklin FTSE Canada From 03/13/24

2024-03-13 12:30:00 ET Summary The Bank of Canada is reluctant to be a first mover on rate cuts and remains anxious about inflation, despite a loosening labor market. ECB President Christine Lagarde said the bank is making good progress toward its inflation target and is feeling m...

2024-03-08 08:31:13 ET More on Canada Canada's February composite PMI rises to 47.10 points Bank of Canada Keeps Benchmark Rate At 5% Read the full article on Seeking Alpha For further details see: Canada's unemployment rate rises ...

2024-03-08 05:32:00 ET Summary What central banks have to see before cutting rates. Are we still on track for rate cuts in June? Why housing remain a challenge for Canadian rates? ... Read the full article on Seeking Alpha For further details see: ...

2024-03-07 12:30:00 ET Summary On March 6, the Bank of Canada announced it would hold its key interest rate at 5%, the highest since 2007. Roughly 20% of Canadian mortgages are up for renewal in 2024 and more than that in 2025. As consumers struggle to make ends meet, financia...

2024-03-07 11:40:00 ET Summary Bank of Canada held its key interest rate steady at 5%, saying more time is needed for higher rates to bring inflation back to target. Maria Solovieva, Economist at TD talks about why a June rate cut is still likely. If nothing changes in the dyn...

2024-03-07 08:31:22 ET More on Canada Business confidence in Canada falls to 53.90 points in February Bank of Canada keeps rates unchanged again, cites Core CPI Canada's February composite PMI rises to 47.10 points Read the full article on Seeking A...

2024-03-06 13:05:00 ET Summary The BoC has left its policy statement almost unchanged compared to January, defying some expectations that easing references would have been introduced today. This suggests a fairly low chance of a rate cut in April, even though June remains on the t...

2024-03-06 10:01:46 ET More on Canada Bank of Canada keeps rates unchanged again, cites Core CPI Canada's February composite PMI rises to 47.10 points ... Read the full article on Seeking Alpha For further details see: Canada Ivey PMI read...

2024-03-06 09:49:20 ET More on the Canadian Economy Seeking Alpha’s Quant Rating on iShares MSCI Canada ETF EWC: Reasons For Upping My Canadian Exposure In 2024 Canada's GDP expands 0.2% in Q4 Canada's annual inflation rate drops to 2.9% in January, lo...

2024-03-06 06:30:00 ET Summary China's National People's Congress convened this week and set a growth target of 5%. There are rumors that the US Federal Reserve’s March dot plot will show expectations for an average of only two rate cuts in 2024. Bank of Japan (BOJ) off...