Company: Federal Reserve Board

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Rising unemployment for Canada, U.S. gives central banks reason to ease

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

Decision follows similar delays by regulators in Europe, U.S.

Bitcoin cryptocurrency with a pile of coins and smartphone, Vector illustrator

SEC, Fed penalize FTX's bank, Silvergate, executives

the globe as currencies

Easing financial conditions cushion impact of slowing global economy

Bank of Canada note

Despite initial cut, monetary policy remains restrictive, and economy faces other headwinds

Policymakers cite need to maintain a level playing field with U.S. banks

inflation

Services inflation is running hot, while goods disinflation is set to slow, NBF says

Rate cuts remain data dependent as growth cools, recession avoided

Bank of Canada headquarters

Research suggests that further slack is needed to bring inflation back to target

The decline is the first drop in a year, S&P says