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Nerve Block Therapy Offers Hope for Migraine Sufferers

                           Calgary neurologist Dr. Serena Orr injecting a patient to help treat migraines.  Researchers in Calgary are spotlighting a promising treatment for people living with severe migraines: occipital nerve blocks . This approach involves injecting a small amount of anesthetic near the occipital nerves at the back of the head, which can interrupt pain signals and provide rapid relief. Neurologist Dr. Serena Orr of the University of Calgary has been at the forefront of this research, recommending updates to the American Headache Society’s guidelines for emergency departments. The new recommendations encourage doctors to consider nerve blocks as a frontline option for patients arriving with debilitating migraine attacks. Patients who have received the treatment report significant improvement. Some describe it as the first time they’ve been able to escape the crushing pain, nausea,...
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Bank of Canada Holds Key Interest Rate at 5% Amid Speculation of a June Cut

 



The Bank of Canada (BoC) has maintained its benchmark interest rate at 5% in its third update of the year. However, the central bank has hinted that a rate cut in June is “within the realm of possibilities.” Governor Tiff Macklem emphasized the need for sustained progress on inflation before any decisive action is taken.

Recent data has fueled speculation about a potential rate cut. Notably, core inflation has eased, and the jobs market has stalled. While the BoC expects core inflation to continue its gradual decline, rising gas prices may keep the Consumer Price Index (CPI) hovering around 3% in the coming months.

Governor Macklem emphasized that the central bank will closely monitor inflation trends. The decline in core inflation must be more than a temporary blip to warrant a rate cut. The BoC seeks assurance that this downward trend is sustainable.

Analysts surveyed by Reuters had anticipated the BoC’s decision to maintain the key overnight rate at 5% for the sixth consecutive meeting. However, recent developments have shifted expectations. BMO Capital Markets’ Canadian rates and macro strategist, Benjamin Reitzes, described the BoC’s statement as “mildly more dovish.” While June remains a possibility, the upcoming CPI reports will play a crucial role in shaping the central bank’s next move.

In summary, the Bank of Canada’s decision to hold the rate steady reflects cautious optimism. As we approach June, all eyes will be on inflation indicators, determining whether the path to price stability warrants a rate adjustment. 

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