Category: Lowering
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Janet Yellen says lowering carbon emissions is ‘greatest economic opportunity’
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U.S. Treasury Secretary Janet Yellen traveled to the mouth of the Amazon River on Saturday, where she made the case that combating climate change would boost economic growth in the region and around the world. The needed shift to reduce carbon emissions is “the greatest economic opportunity of the 21st…
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Canada’s CPI Accelerated to 2.9% in May, Lowering Odds for July BOC Cut
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Canada’s inflation numbers beat market estimates, with headline inflation accelerating from 2.7% year-on-year to 2.9% in May versus consensus for a decline to 2.6%. On a monthly basis, headline CPI rose from 0.5% to 0.6% instead of falling to the estimated 0.3% while core CPI rose from 0.2% to 0.6%.…