Nojoud Al Mallees, The Canadian Press

Nojoud Al Mallees is a reporter with The Canadian Press, a national news agency headquartered in Toronto and founded in 1917.

BoC officials split on when to start cutting rates, summary shows

Policy

BoC officials split on when to start cutting rates, summary shows

Some members thought bank should take its time; others were concerned about keeping interest rates high for too long

By Nojoud Al Mallees, The Canadian Press |April 24, 2024

2 min read

Macklem says countries will cut rates at own pace

Macklem says countries will cut rates at own pace

Economists expect Canada to begin cutting interest rates before the U.S.

By Nojoud Al Mallees, The Canadian Press |April 19, 2024

2 min read

Budget 2024 pledges $53B in new spending

Policy

Budget 2024 pledges $53B in new spending

Government keeps $40-billion deficit from rising in annual budget

By Nojoud Al Mallees, The Canadian Press |April 16, 2024

3 min read

After holding policy rate once again, Macklem says rate cut in June possible

Policy

After holding policy rate once again, Macklem says rate cut in June possible

Data this year have increased central bank’s confidence that inflation will continue to slow

By Nojoud Al Mallees, The Canadian Press |April 10, 2024

3 min read

June rate cut expected following weak job numbers

Economic Indicators

June rate cut expected following weak job numbers

Canada’s unemployment rate jumps to 6.1% in March

By Nojoud Al Mallees, The Canadian Press |April 5, 2024

3 min read

Firms, consumers more optimistic about economy amid expected rate cuts

Economic Indicators

Firms, consumers more optimistic about economy amid expected rate cuts

And a Deloitte report finds Canada could dodge a recession

By Nojoud Al Mallees, The Canadian Press |April 2, 2024

3 min read

Bank of Canada’s notes show bank expects to cut rates this year

Policy

Bank of Canada’s notes show bank expects to cut rates this year

According to summary of most recent deliberations, governing council is split on the timing

By Nojoud Al Mallees, The Canadian Press |March 20, 2024

2 min read

Inflation slows in February, unexpectedly

Economic Indicators

Inflation slows in February, unexpectedly

The report is encouraging for the Bank of Canada, economist says

By Nojoud Al Mallees, The Canadian Press |March 19, 2024

2 min read

Economists expect inflation rate ticked up above 3% last month

Economic Indicators

Economists expect inflation rate ticked up above 3% last month

Higher energy prices are driving the increase

By Nojoud Al Mallees, The Canadian Press |March 18, 2024

3 min read

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