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View the Archive..December 12, 2024BUILDING PERMITS, OCTOBER 2024 Monthly (seasonally adjusted, October 2024 vs September 2024)
Changes in monthly building permit values are typically very volatile, with large swings from one month to the next. &nbs...
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December 12, 2024CANADA NATIONAL BALANCE SHEET ACCOUNTS, Q3 2024 
In the third quarter of 2024, Canadian national wealth (the total value of non-financial assets) decreased 0.8% to $17,089.0 billion. This follows an increase of 1.3% in the second quarter. Residential real estate edged down marking the second consecutive decline. Financial assets increased as equity markets rebounded in the third quarter. Statis...
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December 12, 2024EUROPEAN CENTRAL BANK MONETARY POLICY The European Central Bank (ECB) announced today that it would reduce the three key ECB interest rates by 25 basis points. The interest rates on the main refinancing operations, the marginal lending facility and the deposit facility will be at 3.15%, 3.40% and 3.00% respectively effective December 18th.
The disinflation process appears to be well on track, with ECB staff expecting headline inflation to average just above 2.0% in the 2024-2027 period, with inflation exclu...
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December 11, 2024BANK OF CANADA MONETARY POLICY The Bank of Canada reduced its target for the overnight rate by 50 basis points to 3.25%, with the Bank rate reduced to 3.50% and the deposit rate down to 3.25%. The Bank is continuing its policy of balance sheet normalization.
The economy is evolving as expected in the October Monetary Policy Report. US economy is showing broad growth with strong consumption and a solid labour market. US inflation is steady with some persisting price pressures. Euro Area has weaker economic growth an...
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December 11, 2024US CONSUMER PRICE INDEX, NOVEMBER 2024 
The United States Consumer Price Index (not seasonally adjusted) for All Urban Consumers increased 2.7% year-over-year in November 2024, this was up from a year-over-year pace of 2.6% in October.
Compared to November 2023, the US energy price index declined 3.2%. Gasoline price index was down 8.1%. The food index rose 2.4% and the shelter index was up ...
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