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Houthi official tells Al Jazeera American ships have become targets for the group
— *Walter Bloomberg (@DeItaone) January 15, 2024HOUTHI OFFICIAL TELLS AL JAZEERA AMERICAN SHIPS HAVE BECOME TARGETS FOR THE GROUP
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- From bankofcanada.ca|Jan 15, 2024
Results from the Business Outlook Survey and the Business Leaders’ Pulse show that softer demand and renewed competitive pressures are slowly pushing down growth in output prices. Concerns about labour shortages are receding; even so, wage growth is expected to ease only gradually. Partly because of this slow easing, firms expect inflation to remain above the Bank of Canada’s 2% target for some time. • Firms’ pricing behaviour is slowly returning to normal; however, some businesses continue to make larger and more frequent price increases than they did before the COVID‑19 pandemic. Firms increasingly see demand and competition as moderating their output price growth. Nonetheless, businesses reported that downward pressure on the growth of their input and output prices has eased somewhat, leading to a less negative Business Outlook Survey indicator.Canadian Survey of Consumer Expectations—Fourth Quarter of 2023 This survey took place between November 1 and 17, 2023. Follow-up interviews took place from December 1 to 8, 2023. • Consumers perceive inflation to have decreased, and their expectations for price growth for some key goods such as food and gas have moderated. But near-term inflation expectations have barely changed. Persistently high expectations for inflation for services such as rent may be slowing progress in returning overall inflation expectations to where they were before the COVID?19 pandemic. Expectations for inflation in the long term have fallen further below the historical average and continue to be more varied than usual. • People have adjusted their behaviour in response to high inflation. For the past few quarters, more consumers than before the pandemic have been paying attention to inflation and changing their spending habits. However, actions that may support inflation, such as seeking wage increases to offset inflation, are dissipating. post:
BOC 4Q Surveys: About 25% of Firms Don't Expect CPI to Return to 2% Over Next 4 Years
BOC 4Q Surveys: About 75% of Firms Say High Rates Have "Negatively Impacted" Operations
BOC 4Q Surveys: Roughly Two-Thirds of Households Intend to Curtail Spending
BOC 4Q…
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- Posted: Jan 15, 2024 11:56am
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 470