At its meeting in Riga, Latvia yesterday (June 14, 2018), the Governing Council of the European Central Bank (ECB) undertook a careful review of the progress towards a sustained adjustment in the path of inflation, also taking into account the latest Eurosystem staff macroeconomic projections, Continue reading “European Central Bank update #2”
Tag: NAFTA
The North American Free Trade Agreement (NAFTA) is an agreement signed by Canada, Mexico, and the United States creating a trilateral trade bloc in North America. The agreement came into force on January 1, 1994.
Politics, trade, economics and investing
Politics have an impact upon investing – consider the Trans Mountain pipeline expansion project that Canadian taxpayers have acquired (see Pipeline politics – moving ahead). On a bigger stage, U.S. President Donald Trump has been imposing his views upon trade and existing agreements. Continue reading “Politics, trade, economics and investing”
Bank of Canada rate increase
Here is the text of the Bank of Canada’s press release (“Bank of Canada increases overnight rate target to 1 1/4 per cent”) this morning (January 17, 2018), which provides excellent economic commentary: Continue reading “Bank of Canada rate increase”