OTTAWA -The Bank of Canada on Tuesday said recent volatility in headline inflation is not unusual but the underlying trend shown by core measures was inconsistent with bringing inflation down to the 2% target. Earlier on Tuesday, August inflation figures showed a jump in the headline number to 4.0% from 3.3% in July - higher than most analysts had forecast - on rising gasoline prices.
"Ups and downs of the size we've seen in the past couple of months are not that unusual," Deputy Governor Sharon Kozicki said in a speech at the University of Regina in Saskatchewan.Use your TFSA in a fast and efficient manner. Here's some ways you could have turned $30,000 into $300,000 or more. The post TFSA Wealth: How to Turn $30,000 Into $300,000 for Retirement appeared first on The Motley Fool Canada.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fed's 'big message' will be restrictive policy for longer: EconomistMarkets and investors are waiting and wondering how much the Fed's September interest rate decision will line up with expectations, with many anticipating a rate pause this month. SEI Chief Investment Officer Jim Smigiel and Dreyfus and Mellon Chief Economist Vincent Reinhart join Yahoo Finance Live to share their predictions on Fed Chair Jerome Powell's ultimate decision. 'The Fed does not like to disappoint when the market is kind of all lined up with an expectation like they are for this week, where there will be a pause — the Fed will deliver on that,' Smigiel comments on the market's hawkish sentiment. 'However, we do think there is, at the least, one more hike baked in the cake. So that will probably come in November.' 'The big message the Fed's going to want to convey is they're going to keep policy restrictive for as long as it takes,' Reinhart outlines. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »