Economy

BoC must be transparent to maintain trust: external deputy governor BoC must be transparent to maintain trust: external deputy governor

Policy

BoC must be transparent to maintain trust: external deputy governor

The central bank cut its key interest rate earlier this month for the third time this year

By The Canadian Press |September 19, 2024

2 min read

U.S. home sales fell in August U.S. home sales fell in August

Economic Indicators

U.S. home sales fell in August

Sales should improve thanks to lower mortgage rates, increasing inventory: economist

By Alex Veiga, The Associated Press |September 19, 2024

1 min read

Bank of England keeps main interest rate on hold at 5% Bank of England keeps main interest rate on hold at 5%

Policy

Bank of England keeps main interest rate on hold at 5%

Inflation in the U.K. held steady at an annual rate of 2.2% in August, still above the bank’s goal

By Pan Pylas, The Associated Press |September 19, 2024

3 min read

BoC sees growing risk of overshooting inflation target BoC sees growing risk of overshooting inflation target

Policy

BoC sees growing risk of overshooting inflation target

Sept. 4 deliberations reveal concern that high rates could push inflation down by more than necessary

By Nojoud Al Mallees, The Canadian Press |September 18, 2024

2 min read