Each dollar spent from SNAP boosts small businesses that serve the community, providing employment and paychecks that will be spent again and again. … READ MORE >
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Market Minute: In Argentina bailout, conditionality and collateral are absent
The Argentine peso lost 10% of its value in the first two weeks of October, pushing the overnight interest rate to 157%. … READ MORE >
Market Minute: Financial conditions, rate cuts and the FOMC
The Federal Open Market Committee is likely to reduce its policy rate by 25 basis points to a range between 3.75% and 4% at its next meeting on Oct. 29. … READ MORE >
Market Minute: Tech’s influence on global stock markets
In Japan, technology firms have a 52% share of the Nikkei index, exceeding the 40% share that tech firms have in the S&P 500 in the U.S. … READ MORE >
Canada’s economy slowing as major free-trade renegotiation looms
Canada’s subdued economic activity and the drop in inflation despite ongoing tariffs imply that the Bank of Canada could cut interest rates again this year. … READ MORE >
Bank of Canada cuts interest rate to 2.5% amid economic, labour challenges
The Bank of Canada cut its key interest rate to 2.5 per cent as a slowing economy and rising unemployment likely contributed to the unexpected policy action. … READ MORE >
Bank of Canada holds interest rate amid economic resilience, trade tensions
The Bank of Canada held its key interest rate at 2.75 per cent amid Canada’s overall economic resilience and ongoing trade tensions with the U.S. … READ MORE >