Economic indicators

Canada’s inflation rate tumbles to 3.4%, but forecasters still expect July rate hike Canada’s inflation rate tumbles to 3.4%, but forecasters still expect July rate hike

Economic Indicators

Canada’s inflation rate tumbles to 3.4%, but forecasters still expect July rate hike

The long-awaited decline in food inflation has yet to come

By Nojoud Al Mallees, The Canadian Press |June 27, 2023

2 min read

Rocky road ahead for North American banks: Fitch Rocky road ahead for North American banks: Fitch

Economic Indicators

Rocky road ahead for North American banks: Fitch

Rising loan losses, growing expenses eating into banks' bottom lines

By James Langton |June 22, 2023

2 min read

Government benefits helped lower income households afford rising cost of living: PBO Fallback Image Decorative pattern

Economic Indicators

Government benefits helped lower income households afford rising cost of living: PBO

Households had greater purchasing power in Q4 2022 than before the pandemic

By Nojoud Al Mallees, The Canadian Press |June 22, 2023

1 min read

U.K. recession fears mount after Bank of England hikes borrowing rates by more than expected U.K. recession fears mount after Bank of England hikes borrowing rates by more than expected

Economic Indicators

U.K. recession fears mount after Bank of England hikes borrowing rates by more than expected

With inflation at 8.7%, monetary policy committee raised interest rate to 5%

By Pan Pylas, The Associated Press |June 22, 2023

3 min read