Maybe it’s a big hike, maybe a normal hike, ‘but we still think we have more to go’ Publishing date: Nov 02, 2022 • 1 hour ago • 3 minute read • 8 Comments Bank of Canada is engaged in a delicate balancing act as it looks to prevent inflation from becoming entrenched while avoiding a… Continue reading Bank of Canada is walking a fine line, but rates will go higher, says Tiff Macklem
Is the Bank of Canada reaching the end of its rate raising cycle?
Episode 174 of Down to Business podcast Is Bank of Canada governor Tiff Macklem nearing the end of rate hikes? Photo by REUTERS/Patrick Doyle Inflation is still around seven per cent in Canada, which is way above the Bank of Canada’s two per cent target. Advertisement 2 This advertisement has not loaded yet, but your… Continue reading Is the Bank of Canada reaching the end of its rate raising cycle?
Bank of Canada not ruling out another oversized hike to fight inflation
‘We still think we have more to go’ Author of the article: Reuters David Ljunggren and Julie Gordon Bank of Canada governor Tiff Macklem says while the central bank is starting to see signs rate increases are slowing the economy, it is still in excess demand. Photo by REUTERS/Patrick Doyle OTTAWA — The Bank of… Continue reading Bank of Canada not ruling out another oversized hike to fight inflation
Canada to admit 1.4 million immigrants in three years to address labour shortages
Ottawa’s new selection tools will better target sectors that have the highest need for labour Publishing date: Nov 01, 2022 • 20 hours ago • 3 minute read • 72 Comments Immigration minister Sean Fraser at a press conference in Ottawa. Photo by Blair Gable/Reuters files Canada is going to introduce new “selection tools” next year… Continue reading Canada to admit 1.4 million immigrants in three years to address labour shortages
Brookfield eases concern about slow deal pace with Westinghouse sale
‘Westinghouse is really just a precursor of what’s to come’ Author of the article: Bloomberg News Layan Odeh The Brookfield Place building in Calgary. Photo by Gavin Young/Postmedia files When Brookfield Asset Management Inc. announced the sale of Westinghouse Electric Co. for about six times its invested capital, it was a much-needed win for the… Continue reading Brookfield eases concern about slow deal pace with Westinghouse sale
Stock Market Today: Stocks Retreat After Strong Job Openings Data
Stocks erased early gains to end lower Tuesday after economic data signaled continued strength in the labor market. All three major indexes opened in positive territory today but slipped into the red after the Labor Department said there were 10.7 million job openings in the U.S. in September – up from 10.3 million in August. … Continue reading Stock Market Today: Stocks Retreat After Strong Job Openings Data
What Happens After the Next Fed Rate Hike? Here’s What the Pros Are Saying
The Federal Reserve is widely expected to deliver a fourth consecutive rate increase of 0.75% Wednesday afternoon. But what happens after the next Fed rate hike? Market participants desperately want – no matter how unlikely – for the central bank to show any signs of taking a more dovish stance going forward. After all, markets… Continue reading What Happens After the Next Fed Rate Hike? Here’s What the Pros Are Saying
The Fed could signal a 75 basis point interest rate hike in December and then a pause to see what happens, Ed Yardeni says
The Fed is likely to hike rates by 75 basis points in December and then pause, says Ed Yardeni. Yardeni believes the Fed wants to front-load rate hikes as inflation is still a problem in the US. He added that the Fed will raise rates into restrictive territory to see how it impacts inflation. Loading… Continue reading The Fed could signal a 75 basis point interest rate hike in December and then a pause to see what happens, Ed Yardeni says
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