Wary Markets Rebound as Europe and Canada Retaliate Against Trump Tariffs
After President Trump’s global tariffs on steel and aluminum took effect, the European Union and Canada announced billions of dollars in levies on American goods. The stock market recovered some recent losses as investors weighed positive news on inflation against continued uncertainty.
Trade war turmoil is weighing heavily on financial markets in Canada. Canada’s main stock index has been tumbling along with ...
The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.
The Bank of Canada cut its main interest rate by a quarter point to help offset weaker consumer spending and business investment stemming from trade-policy uncertainty. However, the bank tempered ...
Core inflation, which excludes volatile food and energy items and is watched closely by the Federal Reserve because it reflects more sustainable trends ... % on goods from Canada and Mexico ...
Positive inflation data from the February Consumer Price Index (CPI) report has investors excited today. That’s thanks to year-over-year ...
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