In his year-end remarks, Governor Tiff Macklem discusses how lessons learned from recent economic volatility are reshaping the way the Bank of Canada conducts econom...
Interest rate cuts predicted for next year likely won't be enough, so this bond rally has legsAfter sifting through the United States Federal Reserve’s forecasts and Jerome Powell’s cadence at the press conference, it seems the entire two-day Federal Open Ma...
Average home price in November fell 0.4% to $644,107 from OctoberNational home prices declined again in November amid signs that sellers are giving up on the housing market after rushing to list properties earlier in the fall. We apologize, but this v...
Costs of paying down debt climbed to record while net worth declinedCanadians continue to be hit by the climb in Bank of Canada interest rates, with the costs of paying down debt rising to a record in the third quarter while net worth declined, according to...
Realtors see home prices regaining pandemic peaks once Canadians accept the 'new normal' in borrowing rates We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Get re...
The stock market came closer to its all-time highs and Treasury yields tumbled as dovish Federal Reserve signals added fuel to Wall Street’s great cross-asset rally. Traders cheered a tweak to the Fed’s dot plot, with officials expecting to lower rates by...
Chris Blumas, portfolio manager, Raymond James Investment Counsel FOCUS: North American large caps MARKET OUTLOOK: Concerns about inflation have prompted central banks around the world to tighten monetary conditions, but the pace of tightening has...
Victoria Wells: More parents with young children work from home, Statistics Canada saysFewer Canadians are now working from home compared to last year, but there’s one group more likely to be avoiding the daily commute: parents of young children. We a...
Just two days after taking office, Javier Milei’s government announced 10 new measures to pull Argentina’s economy out of its funkJust two days after taking office, Javier Milei’s government announced 10 new measures to pull Argentina’s economy out of its fu...
Fed likely done raising ratesWASHINGTON — The United States Federal Reserve kept its key interest rate unchanged Dec. 13 for a third straight time, a sign that it is likely done raising rates after having imposed the fastest string of increases in four decad...