In October, the Bank of Canada (BoC) delivered a jumbo-sized cut, bringing the policy interest rate from 4.25% to 3.75%. This marks the fourth consecutive drop in interest rates since June and represents the BoC's largest rate cut since March 2020. The rate has not been this low since December 2022.
As the BoC prepares to announce its fifth and final interest rate decision of the year on December 11th, most economists are anticipating another cut. T...

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On November 13, the U.S. Bureau of Labor Statistics will release CPI data for October at 8:30 a.m. ET.
Economists expect the overall CPI to rise by 2.6% in October, up from 2.4% in the previous month. Excluding food and energy, the core CPI is anticipated to record a third consecutive monthly increase of 0.3%, maintaining a year-over-year rise of 3.3%—approximately one percentage point above its pace before the pandem...