Wednesday , December 2 2020

International News

Canada takes economy headon with C$120 billion in deficits

Bloomberg As an opposition lawmaker in Canada’s parliament seven years ago, Justin Trudeau criticized former Prime Minister Stephen Harper for making government “totally absent from the defining issues of our time.” In his first budget as prime minister released on Tuesday, Trudeau put the federal government back at the center ...

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Fed to meet 2% inflation goal

Bloomberg The Treasury market is signaling inflation expectations are rising, and one metric shows traders anticipate cost increases will reach Federal Reserve Chair Janet Yellen’s 2 percent target. The difference between yields on one-year U.S. government securities and same-maturity Treasury Inflation Protected Securities, a gauge of trader expectations for consumer ...

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Brazil’s mid-March inflation slows more than all forecasts

Bloomberg Brazil’s inflation slowed more than all analysts forecast in the month through mid-March as joblessness rises and the economy heads toward its second straight year of contraction. Inflation as measured by the IPCA-15 index decelerated to 0.43 percent from 1.42 percent a month earlier, the national statistics agency said ...

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