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Your daily horoscope: February 5

                   HOROSCOPES IF TODAY IS YOUR BIRTHDAY Aquarius is one of the zodiac’s fixed signs, which means you don’t change your ways often. This year, however, you must learn to be more adaptable, especially where new technology and new techniques are concerned. Don’t get stuck in the past. ARIES (March 21 - April 20): You must resist going to extremes over the next 24 hours, because if you allow the overly assertive side of your nature to take over you will almost certainly provoke a backlash. Venus in your sign should make it easier to avoid excessive behaviour. TAURUS (April 21 - May 21): Uranus in your sign means you will enjoy shocking people by saying and doing things that seem to be at odds with your easygoing nature. Just remember that while it may be a huge joke to you not everyone will be amused by your antics. GEMINI (May 22 - June 21): Although an upheaval of some kind is likely today it won’t be too traumatic and...
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Bank of Canada Poised for Another Rate Cut Amid Easing Inflation

The Bank of Canada is widely expected to cut its key interest rate again this Wednesday, following recent data indicating a continued easing of inflation. This anticipated move comes after the central bank already reduced its policy rate by 25 basis points to 4.75% last month.

Economists and market analysts are betting on another 25 basis point cut, which would bring the rate down to 4.50%2. The decision is driven by a combination of factors, including a slowdown in consumer price inflation, restrained spending, and a generally lackluster economic outlook.

Recent reports show that inflation cooled to 2.7% in June, down from 2.9% in May. This decline has bolstered confidence that the Bank of Canada will continue its efforts to ease monetary policy. Additionally, rising unemployment and subdued growth expectations have further supported the case for another rate cut.

The Bank of Canada is set to announce its decision on Wednesday at 9:45 AM ET, along with the release of its quarterly Monetary Policy Report, which will include updated forecasts for economic growth and inflation.


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