The Bank of Canada has decided to maintain its key interest rate at 2.75%, citing concerns that escalating trade tensions could lead to a potential recession. The decision reflects ongoing economic uncertainty amid global trade disputes.
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A recent Reuters poll indicates that Canada’s growing recession risk could prompt the Bank of Canada to implement at least two additional interest rate cuts this year. Economic concerns are mounting as policymakers seek to stabilize the slowing economy.
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.
Fitch Ratings has warned that Germany’s coveted AAA credit rating may come under pressure if the country fails to stimulate economic growth. Analysts emphasize the need for robust policies to address stagnation and bolster investor confidence.
Germany may be heading toward recession if U.S. tariffs remain in place, warns the Bundesbank chief. The potential trade barriers could significantly impact the German economy, underscoring the vulnerabilities in its export-driven model.
Germany may face a recession due to potential U.S. tariffs, warns Bundesbank chief. The trade barriers could impact the country’s export-driven economy, raising concerns over growth prospects and prompting calls for policy adjustments.
In a recent statement, former President Trump suggested that tariffs on Mexico and Canada could potentially increase, indirectly acknowledging the economic uncertainties ahead. He refrained from dismissing the possibility of a recession, raising concerns among analysts.
India’s Nifty Index has recorded its longest monthly losing streak since 1996, signaling a concerning trend for investors. Meanwhile, midcap stocks have confirmed a bear market, reflecting broader economic challenges as market volatility continues to rise.