Correspondent, Toronto, Canada
Alastair's Feed
Jun 12, 2014
Jun 12, 2014

Bank of Canada eyes China risk, still elevated housing concern

OTTAWA, (Reuters) – Canada’s financial system is robust despite lingering concern about a stretched housing market, while external risks from China have increased, the Bank of Canada said on Thursday.

The bank said in its semiannual Financial System Review that household debt and overvalued housing remained the most important vulnerability.

Jun 11, 2014
Jun 10, 2014
Jun 10, 2014
Jun 9, 2014
Jun 9, 2014
Jun 9, 2014

ECB’s Noyer – Falling inflation increases deflation risk in Europe

MONTREAL, June 9 (Reuters) – European Central Bank
policymaker Christian Noyer highlighted low and falling
inflation on Monday as Europe’s main short-term problem, saying
it heightened the risk of actual deflation and could threaten
economic recovery.

“The main challenge, of course, is low and declining
inflation, with inflation expectations in the euro area drifting
downward at short to medium-term horizons,” Noyer, the French
central bank chief and member of the ECB board, told the
economic Conference de Montreal.

Jun 9, 2014
Jun 9, 2014
    • About Alastair

      "Canada tech, media and telecoms reporter based in Toronto, with emphasis on Research In Motion and including coverage of Rogers, Bell Canada, Telus, the new mobile entrants and the tech companies filling in the gaps. Previously spent two years in Cairo bureau chasing Orascom Telecom's Naguib Sawiris. Prior to that, spent a year learning the ropes in London."
      Joined Reuters:
      English, Arabic
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