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Bank of Canada Treads Carefully Amid Stagflation Risks

                                                       Bank of Canada in Ottawa The Bank of Canada is adopting a cautious stance as concerns about stagflation—sluggish economic growth paired with persistent inflation—loom over the Canadian economy. Former governor Stephen Poloz explained that the central bank is currently in risk management mode , balancing the conflicting pressures of weak growth and rising prices. Poloz noted that the Bank faces a dilemma: cutting interest rates could cushion the blow of slowing growth and rising unemployment, but raising rates might be necessary to keep inflation under control. In such a scenario, the most prudent course of action may be to do very little, carefully monitoring incoming data before making any major policy moves. This balancing act reflects the uncertainty created by gl...
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Market Rebound Amid Weekly Losses

                                         

U.S. stock futures showed signs of recovery on Friday after a challenging week marked by steep losses. Futures tied to the S&P 500 rose by approximately 0.9%, while the tech-heavy Nasdaq 100 saw a 1.1% increase. The Dow Jones Industrial Average futures also climbed by 0.6%.

This rebound comes after the S&P 500 entered correction territory, joining the Nasdaq Composite in a sharp downturn. The week has been turbulent, with markets reacting to uncertainties surrounding trade policies and economic data. However, optimism grew as political developments suggested a reduced risk of a government shutdown.

Despite the day's positive momentum, all three major indexes are on track for significant weekly losses, reflecting the broader challenges faced by the market. Investors remain cautious as they await further economic indicators and policy updates.

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