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PicPay (NASDAQ: PICS ) reported second-quarter financial results on Monday. The transcript from the company's second-quarter earnings call has been provided below. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. Access the full call at Summary PicPay
The Canadian dollar weakened to near 1.40 per USD in mid-September, its lowest level in more than a month after the US Federal Reserve raised interest rates as expected. The Fed raised the target range for the federal funds rate by 25 bps to 3.75%-4%, reinforcing the US dollar’s advantage over the loonie. Updated Fed p
The Canadian dollar weakened to around 1.39 per USD after Canada employment fell 41,700 in August versus expectations for a 15,000 increase. US payrolls rose 162,000. BoC held its policy rate at 2.25%.
The S&P/TSX Composite Index rose 0.7% to close at 36,092 after the Bank of Canada kept its key policy rate unchanged at 2.25%, citing broadening recovery but higher upside inflation risks and tariff-linked growth uncertainty.
The S&P/TSX Composite rose over 0.5% above 36,000 after the Bank of Canada held its key policy rate at 2.25%, citing a broadening recovery but higher upside inflation risks and more uncertain growth.
BoC key rate was left unchanged at 2.25%, as expected.
() -- The Bank of Canada left its policy rate unchanged on Wednesday, in line with expectations, maintaining a cautious approach as policymakers assessed a mixed economic outlook and easing inflation pressures. This was the sixth policy meeting in which Canada's central bank held its target for the overnight rate at 2.