The Bank of Canada said on Thursday that inflation could remain higher than projected if supply imbalances and pressures on capacity persist, which might lead it to reduce stimulus more quickly than currently expected.
Global shares hovered near a record high and the dollar also held steady on Thursday, eyeing U.S. inflation data for any sign the Federal Reserve could start tapering its massive stimulus.
Kenya's finance minister cut the budget deficit lightly on Thursday as he splurged on infrastructure projects and a stimulus effort to boost economic growth in the face of the coronavirus crisis.
Egypt's third-largest state-owned bank Banque du Caire has agreed to a $200 million, five-year loan from Afreximbank, it said in a statement on Thursday.
The global minimum corporate tax rate of 15% proposed by the Group of Seven wealthy nations is just a signpost and it is too early to say whether agreement can be reached on that or any figure, Irish Finance Minister Paschal Donohoe said on Thursday.