(Bloomberg) -- Inflation unexpectedly surged in Canada, a setback for policymakers as they weigh further interest rate cuts next month.Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorNvidia Rout Takes Breather as Traders Scour Charts for SupportTrump Could Actually Lose Florida. Here’s Why.BuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Paul Singer Is Pitching Wall Street's Own Brand of MAGAThe consumer price index rose 2.9% in May
Fitch affirms ratings of Canadian banks - BMO, BNS, CM, TD and RY - based on stable economic conditions, which are likely to support their credit fundamentals and financial performance.
Bank of Montreal ( TSE:BMO ) will increase its dividend from last year's comparable payment on the 27th of August to...