Bank of Canada

Income inequality rises following recessions: BoC Income inequality rises following recessions: BoC

Economic Indicators

Income inequality rises following recessions: BoC

During economic downturns, the incomes of low earners were particularly hard hit and didn’t recover, research finds

By James Langton |July 28, 2022

3 min read

Economists predict inflation climbed even higher in June amid ‘reopening effect’ Economists predict inflation climbed even higher in June amid ‘reopening effect’

Economic Indicators

Economists predict inflation climbed even higher in June amid ‘reopening effect’

Without the easing of global pressures, more aggressive action from the Bank of Canada may be necessary

By Nojoud Al Mallees, The Canadian Press |July 18, 2022

3 min read

BoC rate hike contributes to loonie falling to a 20-month low Fallback Image Decorative pattern

Economic Indicators

BoC rate hike contributes to loonie falling to a 20-month low

Investors fear the Federal Reserve will mirror the full percentage point hike in two weeks

By Ross Marowits, The Canadian Press |July 14, 2022

2 min read

Federal Reserve board member opens door to 1-point hike Fallback Image Decorative pattern

Economic Indicators

Federal Reserve board member opens door to 1-point hike

The potential increase depends on robust consumer demand

July 14, 2022

3 min read