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Bank of Canada: Despite the rebound, the economy is expected to remain in a state of oversupply.

2026-06-10

Bank of Canada: Despite the rebound, the economy is expected to remain in a state of oversupply.

Other News
2026-06-10

Matsumoto, the nominee for director of the U.S. Bureau of Labor Statistics, said at his Senate confirmation hearing that timely and accurate data is extremely important for formulating sound economic policies.

Matsumoto, the nominee for director of the U.S. Bureau of Labor Statistics, said at his Senate confirmation hearing that timely and accurate data is extremely important for formulating sound economic policies.
2026-06-10

BofA Securities warned the Bank of Japan’s rate-normalization could proceed more gradually than the inflation outlook warrants. BofA expects a 25bp hike this October, followed by further increases in March and July 2027 that lift the terminal rate to

BofA Securities warned the Bank of Japan’s rate-normalization could proceed more gradually than the inflation outlook warrants. BofA expects a 25bp hike this October, followed by further increases in March and July 2027 that lift the terminal rate to 1.75% by end-2027. It said such gradualism risks leaving the BoJ behind the inflation curve; if upside price pressures are stronger than expected, the BoJ may need to quicken the pace of hikes or push the terminal rate higher to return inflation to target.
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