Following the publication of a report on new vacancies and the firm comments of a Fed representative, the shares of the National Bank of Canada wavered last Wednesday.

La Banque du Canada on Wednesday reduced its key interest rate by 25 basis points to 4.25% , and Governor Tiff Macklem, citing weak growth, said that a larger reduction could be considered if the economy needed support. Overall inflation fell to 2.5% in July, its lowest level in 40 months, but remains above the target rate of 2.0% set by the BoC. But the economy now seems to be weaker than what the bank expected just six weeks ago. In Canada, the main stock market index struggled for much of the session due to the optimism of market participants following the Bank of Canada's decision. to reduce its key interest rate a third time this year. According to the Labor Department, new vacancies fell to their lowest level in three and a half years in July, another sign of a weak labor market