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The best Visa credit cards in Canada for August 2023 Sep 1st
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The best Visa credit cards in Canada for August 2023
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The best GIC rates in Canada for 2024 May 24th
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The best GIC rates in Canada for 2024
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The best high-interest savings accounts in Canada for 2025 + MORE Sep 15th
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The best GIC rates in Canada for 2024 Jul 25th
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Justin Trudeau was right to exonerate the Tsilhqot’in, who never were defeated Mar 28th
When the House of Commons united behind Prime Minister Justin Trudeau on Monday to offer the Tsilhqot’in Nation a genuine expression of regret for a shameful betrayal that occurred 154 years ago on the banks of the Chilko River in British Columbia, a properly grave tone was taken in the speeches T.... More »
China inflation up 1.9 per cent in June, slowest in 6 months
– canadianbusiness.com
BEIJING, China – Chinese government data showed consumer prices in June rose at the slowest pace in six months, suggesting the world’s second-largest economy is still experiencing weak consumer demand amid a broad downturn.
The National Bureau of Statistics said Sunday China’s consumer price index (CPI) rose 1.9 per cent in June from a year earlier.
Although the rate was slightly above analyst expectations, it remained far below the 3 per cent target set by Chinese officials for 2016 and offers the central bank flexibility to enact a new round of monetary stimulus that some economists have called for.
The People’s Bank of China has kept interest rates at record lows since October, when it also removed a deposit-rate ceiling for banks and lowered their reserve requirements to stimulate lending and growth.
Tame inflation rates could spur the PBOC to make additional moves this year to meet Chinese leaders’ 2016 GDP growth target of 6.5 per cent to 7 per cent, the lowest rate in a quarter century…
The National Bureau of Statistics said Sunday China’s consumer price index (CPI) rose 1.9 per cent in June from a year earlier.
Although the rate was slightly above analyst expectations, it remained far below the 3 per cent target set by Chinese officials for 2016 and offers the central bank flexibility to enact a new round of monetary stimulus that some economists have called for.
The People’s Bank of China has kept interest rates at record lows since October, when it also removed a deposit-rate ceiling for banks and lowered their reserve requirements to stimulate lending and growth.
Tame inflation rates could spur the PBOC to make additional moves this year to meet Chinese leaders’ 2016 GDP growth target of 6.5 per cent to 7 per cent, the lowest rate in a quarter century…
