The Bank of Canada caught markets off guard by slashing interest rates, despite ongoing uncertainty surrounding the inflation outlook, according to minutes from the latest meeting. Officials weighed economic risks with caution before deciding to ease monetary policy
UK markets plunged dramatically on Thursday, echoing the intense selloff of 2022, as growing concerns over the finance minister’s policies sent shockwaves through investors. Anxiety soared amid rising fears of economic instability and surging market volatility, Reuters reports
Asia’s stock markets showcased a patchwork of performances as the shadow of Trump’s tariffs casts uncertainty over global trade. In a bright spot, Japan’s indices surged ahead, fueled by robust economic data, while other regional markets grappled with a wave of cautious investor sentiment.
A recent central bank survey reveals that more Canadian firms anticipate a potential recession within the next year. Concerns over economic stability are rising, with business leaders increasingly wary of inflation and interest rate impacts on growth.
India is grappling with economic uncertainty as escalating US tariff wars raise global concerns. The increasing trade tensions threaten to disrupt supply chains and impact key sectors, prompting calls for robust policy measures to safeguard India’s growth trajectory.
