The U.S. Federal Reserve said on June 12 that it was holding its key interest rate unchanged at approximately 5.5%,…
The Bank of Canada cut its key lending rate by 25 basis points to 4.75%, the first rate cut since…
Persistently high interest rates are taking a big bite out of the Canadian economy. In February, Canada’s gross domestic product…
Over the last two years, the Bank of Canada and the U.S. Federal Reserve have taken drastic steps to cool…
It looks like the Bank of Canada will get what it wanted, a soft economic landing, in which growth has…
Canada’s inflation rate continues to surprise to the downside. After unexpectedly cooling to 2.9% in January, economists expected the headline…
Canada’s inflation rate unexpectedly slipped below 3% in January, into the Bank of Canada’s target range of 2% to 3%.…
The Bank of Canada delivered a pleasant surprise when it announced that the country’s inflation rate slowed more than expected…
The TSX, Canada’s main stock market index, is made up of some of the largest companies in the country, so…
The year 2023 defied expectations for Bay Street and Wall Street. Despite stubbornly high inflation and decades-high interest rates, the…