mark carney News

mark carney News From AOL

THE HUFFINGTON POST

Canada Inflation: April Rate Edges Up To 2.0% As Prices Rise Modestly

Canada's inflation rate crept up one-tenth of a point to the Bank of Canada's preferred level of two per cent last month as the cost of most consumer items rose moderately.

AOL MONEY & FINANCE

Canadian adds 58,200 jobs in April

TORONTO -Canada reported its best two-month jobs gain in three decades with news that the economy churned out 58,200 new jobs in April, but more people looking for work pushed the unemployment rate to 7.3 percent, Statistics Canada said Friday.

THE HUFFINGTON POST

Mark Carney, Bank Of Canada Governor, Would Act If Debt Got Out Of Control

Mark Carney has a dilemma: He views record high household debt the number one domestic risk to the economy, but believes he would hurt the recovery if he raised interest rates to slow borrowing.

mark carney News From the Web

06/01/12 Canadian Dollar Tests Fresh 2012 Lows- Outlook to... Source: DailyFX The Canadian dollar is off by nearly 1% at the close of trade this week with the USD/CAD advancing to levels not seen since November as falling crude prices and a weaker-than-expected GDP report weighed heavily on the loonie.
06/01/12 Bank of Canada may rethink rate-hike intentions Source: Winnipeg Sun - Winnipeg - MB - Canada People make their way passed the Bank of Canada offices in Ottawa, September 7, 2011.
06/01/12 Canada Growth in 1Q Stagnates as Consumer Spending... Source: Bloomberg.com Canada 's economic growth rate stagnated in the January-March period as consumer spending increased at the slowest pace in three years, raising the chances of lower interest rates by the end of 2012.
06/01/12 Economy grew by annualized 1.9% in Q1 Source: Ottawa Business Journal - Ottawa ON - Canada The report was in line with analyst estimates for the quarter, which were less optimistic than the Bank of Canada's most recent forecast, which suggested the country's central bank was looking for 2.5 per cent annuallized growth.
06/01/12 Economy grew by annualized 1.9 per cent in Q1, says... Source: Prince George Citizen Statistics Canada says the economy grew at an annualized rate of 1.9 per cent in the first quarter, matching the previous quarter's growth rate and indicating that the recovery from the last recession has been weaker than hoped.

Background on mark carney

Mark J. Carney (born March 16, 1965) is the eighth and current governor of the Bank of Canada and the Chairman of the Financial Stability Board, an institution of the G20 based in Basel, Switzerland.

more at wikipedia »