Stage Seen Set for Further Bank of Canada Rate Cuts -- Market Talk

Dow Jones

Apr 15, 2025

1019 ET - The Bank of Canada can afford to choose an "insurance" rate cut like it did in March, argues Royal Bank of Canada's Abbey Xu. The economist points to the easing in March headline inflation to 2.3% annually from 2.6% in February as cooling gasoline and travel-tour prices more than offset a bounce back in food prices after the end of the federal tax holiday. Xu says that while inflation is hotter than the 1.9% reading ahead of the two-month tax break, the latest data suggests inflation risks ahead of tariffs were subsiding. Royal Bank still expects tariffs will hurt Canadian exporters and prices are set to rise, and it anticipates one more quarter-point cut in interest rates after Wednesday to take the overnight rate to a terminal 2.25% in June. (robb.stewart@wsj.com; @RobbMStewart)

(END) Dow Jones Newswires

April 15, 2025 10:19 ET (14:19 GMT)

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The economist points to the easing in March headline inflation to 2.3% annually from 2.6% in February as cooling gasoline and travel-tour prices more than offset a bounce back in food prices after the end of the federal tax holiday. Xu says that while inflation is hotter than the 1.9% reading ahead of the two-month tax break, the latest data suggests inflation risks ahead of tariffs were subsiding. Royal Bank still expects tariffs will hurt Canadian exporters and prices are set to rise, and it anticipates one more quarter-point cut in interest rates after Wednesday to take the overnight rate to a terminal 2.25% in June. (robb.stewart@wsj.com; @RobbMStewart) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 15, 2025 10:19 ET (14:19 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stage Seen Set for Further Bank of Canada Rate Cuts -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStage Seen Set for Further Bank of Canada Rate Cuts -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-15 22:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1019 ET - The Bank of Canada can afford to choose an \"insurance\" rate cut like it did in March, argues Royal Bank of Canada's Abbey Xu. The economist points to the easing in March headline inflation to 2.3% annually from 2.6% in February as cooling gasoline and travel-tour prices more than offset a bounce back in food prices after the end of the federal tax holiday. Xu says that while inflation is hotter than the 1.9% reading ahead of the two-month tax break, the latest data suggests inflation risks ahead of tariffs were subsiding. Royal Bank still expects tariffs will hurt Canadian exporters and prices are set to rise, and it anticipates one more quarter-point cut in interest rates after Wednesday to take the overnight rate to a terminal 2.25% in June. (robb.stewart@wsj.com; @RobbMStewart) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 15, 2025 10:19 ET (14:19 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SSI","symbol_name":"Stage Stores Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2527365443","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2527365443","pubTimestamp":1744726740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1019 ET - The Bank of Canada can afford to choose an \"insurance\" rate cut like it did in March, argues Royal Bank of Canada's Abbey Xu. The economist points to the easing in March headline inflation to 2.3% annually from 2.6% in February as cooling gasoline and travel-tour prices more than offset a bounce back in food prices after the end of the federal tax holiday. Xu says that while inflation is hotter than the 1.9% reading ahead of the two-month tax break, the latest data suggests inflation risks ahead of tariffs were subsiding. Royal Bank still expects tariffs will hurt Canadian exporters and prices are set to rise, and it anticipates one more quarter-point cut in interest rates after Wednesday to take the overnight rate to a terminal 2.25% in June. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SSI":"Stage Stores Inc"},"translate_title":"加拿大央行进一步降息的阶段即将到来——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SSI":1},"content_text":"1019 ET - The Bank of Canada can afford to choose an \"insurance\" rate cut like it did in March, argues Royal Bank of Canada's Abbey Xu. The economist points to the easing in March headline inflation to 2.3% annually from 2.6% in February as cooling gasoline and travel-tour prices more than offset a bounce back in food prices after the end of the federal tax holiday. Xu says that while inflation is hotter than the 1.9% reading ahead of the two-month tax break, the latest data suggests inflation risks ahead of tariffs were subsiding. Royal Bank still expects tariffs will hurt Canadian exporters and prices are set to rise, and it anticipates one more quarter-point cut in interest rates after Wednesday to take the overnight rate to a terminal 2.25% in June. (robb.stewart@wsj.com; @RobbMStewart) \n\n\n  (END) Dow Jones Newswires\n\n\n  April 15, 2025 10:19 ET (14:19 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}