Can you find the Tarsier in the Photo?
The Philippine tarsier (Carlito syrichta) is a small primate endemic to the Philippines, primarily found in Bohol, Samar, and Leyte. This species belongs to the ancient family Tarsiidae, which has existed for around 45 million years. Previously classified under the genus Tarsius, it is now recognized as the sole member of the newly established genus Carlito, named in honor of conservationist Carlito Pizarras.
Measuring between 85 to 160 mm in height and weighing 80 to 160 grams, the Philippine tarsier is one of the smallest primates, often difficult to spot due to its size.
Following Bank of Canada rate cut, Macklem says it’s “reasonable” to expect more
At the beginning of September, The Bank of Canada announced a quarter-point cut to its overnight target rate, reducing it to 4.50%, and hinted that further reductions may follow if inflation trends positively. This rate is now 50 basis points below its previous peak of 5.00%. Governor Tiff Macklem suggested that additional cuts could occur depending on the inflation trajectory, emphasizing a cautious, data-driven approach. Despite easing price pressures overall, specific sectors like shelter and certain services continue to exert upward pressure on inflation.
Alongside the rate cut, the Bank updated its economic forecasts, projecting slower GDP growth for 2024 at 1.2%, down from the earlier estimate of 1.5%. Inflation is expected to remain stable at 2.6% for 2024, with a gradual decline to the 2% target by 2026. Although the recent rate cut is seen as a positive development for borrowers, rates remain restrictive relative to current inflation. Economists anticipate further cuts, with discussions suggesting potential reductions could occur in the coming months, contingent on upcoming economic data.
|