Other economic potholes include inflation and wages Bank of Canada governor Tiff Macklem in Ottawa. Photo by Blair Gable/Reuters The Bank of Canada held true to its conditional pledge in January, leaving its benchmark interest rate unchanged at 4.5 per cent at its March 8 policy decision. Advertisement 2 This advertisement has not loaded yet,… Continue reading What economists say about Bank of Canada’s first rate hold in a year
Bank of Canada holds interest rate steady at 4.5%
Kevin Carmichael: Bottom line — those who like the central bank to hold their hands will be disappointed Published Mar 08, 2023 • Last updated 10 hours ago • 4 minute read 20 Comments Bank of Canada governor Tiff Macklem. Photo by REUTERS/Patrick Doyle The Bank of Canada kept its promise and stopped raising interest rates.… Continue reading Bank of Canada holds interest rate steady at 4.5%
Bank of Canada holds interest rates: Read the official statement
Keeps key policy rate at 4.5% The Bank of Canada building in Ottawa. Photo by Sean Kilpatrick/The Canadian Press The Bank of Canada held interest rates on March 8, keeping its key policy rate at 4.5 per cent. Advertisement 2 This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED… Continue reading Bank of Canada holds interest rates: Read the official statement
4 keys to having money conversations that can help keep your marriage healthy
The financial decisions you’ll be making once you’re married can often be overlooked It’s important to start discussing finances with your partner early. Photo by Getty Images/iStockphoto Getting married is an exciting milestone that comes with a host of changes to your personal and financial life. As the love you have for your partner is… Continue reading 4 keys to having money conversations that can help keep your marriage healthy
David Rosenberg: What comes after a peak yield curve inversion? Nothing good
Typically the recession becomes a lock From the time of the peak inversion of the curve to the market lows, the S&P 500 is down an average 23 per cent (median of -17 per cent). Photo by AP Photo/Richard Drew I have a belief system. I believe interest rates matter. I believe policy lags exist.… Continue reading David Rosenberg: What comes after a peak yield curve inversion? Nothing good
Stock Market Today: Stocks Choppy After Strong Jobs Data
Stocks spent most of the day lower Wednesday, as investors fretted about the Federal Reserve’s future rate-hike plans. While a second day of congressional testimony from Federal Reserve Chair Jerome Powell failed to provide any additional fireworks, investors focused on more signs of a strong labor market. However, a late burst of buying power helped… Continue reading Stock Market Today: Stocks Choppy After Strong Jobs Data
Best Mid-Cap Stocks to Buy Now
The best mid-cap stocks – typically, companies between $2 billion to $10 billion, though some indexes view them differently – are too often overlooked. Large-cap stocks are valued for their stability and dividends, while small-cap stocks are favored for their growth prospects. But avoid the happy medium at your own peril. In 2022, mid-cap stocks… Continue reading Best Mid-Cap Stocks to Buy Now
The S&P 500 could fall 20% by midyear as Powell’s hawkish testimony sets the stage for higher rates than markets were expecting, JPMorgan says
The S&P 500 could fall as far as 3,200, according to technical analysis from JPMorgan. That would represent a decline of 20% from current levels. The gloomy outlook comes after Fed Chair Jerome Powell said bigger rate hikes are possible. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading The S&P 500 could fall 20% by midyear as Powell’s hawkish testimony sets the stage for higher rates than markets were expecting, JPMorgan says
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