Bank of Canada officials agreed on the need to change course quickly on rate policy depending on developments in the Middle East and trade tensions with the U.S.
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The number of homes going under contract in the U.S. rose 1.4% in April, according to the National Association of Realtors’ pending home sales index. […]
The People’s Bank of China said in its first-quarter monetary policy report that imported inflation risks require “close monitoring.” Source link
The move likely reflects an increase in the cost of imported energy as the conflict in the Middle East disrupted supplies. Source link
