Bloomberg Canada may have just printed its lowest unemployment rate since at least 1976, but two big North American banks are now forecasting its central bank to cut rates. JPMorgan Chase & Co. reduced its forecast for Canadian growth in the third and fourth quarters of this year to 1.5 percent from 2.25 percent and expects the Bank of Canada ...

Bloomberg Indonesia’s central bank is discussing the possibility of cutting interest rates but is waiting for the right time to do so, Deputy Governor Dody Waluyo said. Given the uncertainty in financial markets, the central bank needs to be “cautious” and a rate cut “will depend on the timing,” Waluyo said in an interview with Bloomberg Television’s Kathleen Hays in ...

Bloomberg The European Central Bank’s outlook for euro-zone inflation is “not bad” and investors have underestimated the institution’s willingness to act if needed, according to policy maker Vitas Vasiliauskas. Market-based inflation expectations have dipped to near a record low despite ECB President Mario Draghi saying that interest-rate cuts and asset purchases could be deployed if needed to fight any further ...