Biden to reappoint Jerome Powell as Fed chair, say economists - Netscape Money & Business
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Biden to reappoint Jerome Powell as Fed chair, say economists
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Mumal Rathore
3 minute read
A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie/File Photo
BENGALURU, July 9 (Reuters) - The Bank of Canada will taper its asset purchases again at its July 14 meeting, encouraged by robust growth prospects, according to a Reuters poll of economists who also said a spread of new COVID-19 variants was the top economic risk this year.
After recording its steepest annual decline last year since quarterly data was first noted in 1961, Canada s export-driven economy was forecast to grow 6.2% on average in 2021, the July 5-8 poll of 32 economists showed, marking the fastest annual expansion since 2007.
4 Min Read
BENGALURU (Reuters) - The Bank of Canada will taper its asset purchases again at its July 14 meeting, encouraged by robust growth prospects, according to a Reuters poll of economists who also said a spread of new COVID-19 variants was the top economic risk this year.
FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie/File Photo
After recording its steepest annual decline last year since quarterly data was first noted in 1961, Canada’s export-driven economy was forecast to grow 6.2% on average in 2021, the July 5-8 poll of 32 economists showed, marking the fastest annual expansion since 2007.