The March reading comes as investors have continued to scale back their expectations on when the Federal Reserve will cut interest rates in 2024, if at all.
The latest reading of the Fed's preferred inflation showed prices increased more than expected in March.
STANFORD, CALIFORNIA - APRIL 03: Federal Reserve Bank Chair Jerome Powell looks through papers during the Stanford Business, Government and Society Forum at Stanford University on April 03, 2024 in Stanford, California. Powell spoke at the Stanford’s first Business, Government, and Society Forum with the theme of responsible leadership in a polarized world. Momentum is underway for these two Canadian stocks, and yet both still trade at share prices that are quite low given their future growth.
The company recently attempted to fend off short sellers by advising investors on ways to prevent their shares from being loaned for short-interest positions.OTTAWA — The Canadian Medical Association asserts the Liberals' proposed changes to capital gains taxation will put doctors' retirement savings in jeopardy, but some financial experts insist incorporated professionals are not as doomed as they say they are.
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