slump

Despite his apparent willingness to modulate his stance based on new information, he remains cautious about declaring either a labor-market slump or victory over inflation.

It shows that the dollar suffered its worst six-month performance since the early 1980s this year, slumping more than 10% over the six months ended in June.

Carolyn Rogers endorsed a competition shakeup in the highly concentrated financial-services industry, saying the country’s banking sector is an oligopoly and changes could help lift Canada’s prolonged productivity slump.

OTTAWA—The Bank of Canada’s No. 2 official endorsed a competition shakeup in the highly concentrated financial-services industry, saying the country’s banking sector is an oligopoly and changes could help lift Canada’s prolonged productivity slump.

There was a slight slump when he returned, which he firmly banished with a hat trick in late February.