Economy

Europe’s central bank hikes interest rates again even as threat of recession grows Europe’s central bank hikes interest rates again even as threat of recession grows

Economic Indicators

Europe’s central bank hikes interest rates again even as threat of recession grows

Decision raises benchmark deposit rate to 4%, highest since the euro was established in 1999

September 14, 2023

3 min read

Fitch cuts forecasts for Canada, global economy Fitch cuts forecasts for Canada, global economy

Economic Indicators

Fitch cuts forecasts for Canada, global economy

Weakness in China, tighter financial conditions weighing on outlook

By James Langton |September 13, 2023

2 min read

U.K. economy shrinks in July amid bad weather and doctors’ strikes Fallback Image Decorative pattern

Economic Indicators

U.K. economy shrinks in July amid bad weather and doctors’ strikes

Growth is expected to stay tepid

By The Canadian Press |September 13, 2023

1 min read

High gas prices push up inflation, but prices overall are slowly moving in the right direction High gas prices push up inflation, but prices overall are slowly moving in the right direction

Economic Indicators

High gas prices push up inflation, but prices overall are slowly moving in the right direction

Decline in the core measure points to inflation coming under control

By Christopher Rugaber, The Associated Press |September 13, 2023

5 min read