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Promit Mukherjee

Reporter · US

Indexed articles, last 90 days
3
Latest publication
Sep 29, 2026
Outlet visibility, for Aol
Top 5K sites
Earliest in this view
Aug 28, 2026

Latest articles

  1. Article · Sep 29, 2026 · By Promit Mukherjee

    Canada's economic growth unchanged in July, August likely to expand 0.2% - AOL (opens the original)

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    OTTAWA, Sept 29 (Reuters) - Canada's economic growth was flat in July, data showed on Tuesday, in line with expectations and signaling a slower start to the third quarter after a solid growth in the prior three months quarter. This was after three straight months of positive growth and comes right before a new set of tariffs from the United States hit Canada in August. - Both the goods-producing industries and services-producing industries were largely unchanged in July, Statistics Canada said.

  2. Article · Sep 2, 2026 · By Promit Mukherjee and David Ljunggren

    Bank of Canada holds key rate, says multiple hikes might be needed - AOL (opens the original)

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    OTTAWA, Sept 2 (Reuters) - The Bank of Canada kept its key policy rate on hold at 2.25% on Wednesday, as widely expected, but Governor Tiff Macklem said policymakers were prepared to raise borrowing costs multiple times if inflation remained too high. Higher oil prices caused by the Iran conflict have helped push Canada's annual inflation rate up to 3%, a level Macklem said was too high. The bank's target is 2%. Macklem said the war had increased the upside risks to the inflation outlook, given

  3. Article · Aug 28, 2026 · By Promit Mukherjee

    Canadian economy recovers sharply in second quarter as domestic demand revives, exports grow - AOL (opens the original)

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    OTTAWA, Aug 28 (Reuters) - Canada's economy rebounded sharply in the second quarter after six months of virtually no growth, aided by a strong jump in exports and solid domestic demand, data showed on Friday, though a new round of U.S. tariffs brings new uncertainty. The economy grew at an annualized rate of 3.3% in the second quarter, the fastest rate since 2023, after a revised 0.3% increase in the first quarter, Statistics Canada said. The upward revision to first-quarter growth means Canada

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