Economy

Majority of aspiring homeowners awaiting rate cuts Majority of aspiring homeowners awaiting rate cuts

Economic Indicators

Majority of aspiring homeowners awaiting rate cuts

Plans are being delayed to 2025 and beyond, BMO survey says

By The Canadian Press |April 29, 2024

1 min read

Fed’s new challenge: Spend-happy consumers Fed’s new challenge: Spend-happy consumers

Economic Indicators

Fed’s new challenge: Spend-happy consumers

Work-from-home trend, wealthy retirees drive shifts in U.S. consumer patterns

By James Langton |April 29, 2024

2 min read

U.S. inflation gauge shows price pressures stayed elevated U.S. inflation gauge shows price pressures stayed elevated

Economic Indicators

U.S. inflation gauge shows price pressures stayed elevated

Many economists envision no rate cuts before September

By Christopher Rugaber, The Associated Press |April 26, 2024

4 min read

U.S. growth slowed sharply last quarter to 1.6% pace U.S. growth slowed sharply last quarter to 1.6% pace

Economic Indicators

U.S. growth slowed sharply last quarter to 1.6% pace

Higher interest rates are weighing on the economy

By Paul Wiseman, The Associated Press |April 25, 2024

4 min read