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5.43655539851002E-05 0 -0.000434924431879874 0 0.000217462215940092 0.000271827769925037 0.000761117755790012 0.000761117755790012
Stock impact report

Bank of Canada seen holding interest rate steady through 2026 as inflation cools [Yahoo! Finance Canada]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
On Monday, Statistics Canada reported that the consumer price index held steady at 2.2 per cent in November, though food inflation climbed at its fastest rate since December 2023. Meanwhile, measures of core inflation showed signs of cooling. Here's what they had to say about November's inflation data: Bank of Canada ‘can take comfort': Desjardins Royce Mendes, managing director and head of macro strategy at Desjardins, said the Bank of Canada “can take comfort” in avoiding a stagflationary environment. “We continue (to) believe that downside risks to the economy and inflation will be more pertinent over the next few months, with lingering uncertainty about CUSMA [Canada-United-States-Mexico Agreement] weighing on activity and fiscal stimulus not a major factor until later in the year,” he said in a note. Overall, Mendes said the “only real fly in the ointment” is the rise in the number of categories in which prices increased more than three per cent. ‘Getting closer': Show less Read more
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