Attacks not seen causing a recession

Article Abstract:

The Conference Board of Canada issued an upbeat report stating that the September 11th terrorist attacks were not enough to throw Canada or the United States into even a mild recession.

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Dollar climbs amide rumour of rate cuts

Article Abstract:

Industry analysts said that the rise in value of the Canadian dollar is attributable to expectations that interest rates will be cut in the United States and Europe. The European Central Bank is expected to reduce interest rates by up to half a percentage point.

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Inflation continues six-month decrease: Dollar declines on rate cut speculation

Article Abstract:

Inflation pressure eased in August 2003 for the six month in the row as sharp declines in the price of beef and vegetables partly offset the rising cost of gasoline and auto insurance, lowering the annual increase in consumer prices to 2 per cent from 2.2 per cent in July 2003. The Canadian dollar fell by 0.56 cents due to the fears that Bank of Canada might reduce interest rates again.

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