Inflation

U.K. wages are rising at a record pace. That makes higher interest rates more likely U.K. wages are rising at a record pace. That makes higher interest rates more likely

Economic Indicators

U.K. wages are rising at a record pace. That makes higher interest rates more likely

Expectations of higher borrowing rates are having a knock-on effect across lending markets

By Pan Pylas, The Associated Press |July 11, 2023

2 min read

Population growth the “wrinkle” in BoC’s inflation plan Fallback Image Decorative pattern

Economic Indicators

Population growth the “wrinkle” in BoC’s inflation plan

A growing population has boosted spending and the housing market but could help tame wage inflation, reports say

July 11, 2023

2 min read

BoC expected to raise rates again this week, vying to quash inflation faster Fallback Image Decorative pattern

Economic Indicators

BoC expected to raise rates again this week, vying to quash inflation faster

Forecasters say the economy has not softened enough for the central bank to back off

By Nojoud Al Mallees, The Canadian Press |July 10, 2023

3 min read

Bank of Canada expected to raise rates despite rise in unemployment Bank of Canada expected to raise rates despite rise in unemployment

Economic Indicators

Bank of Canada expected to raise rates despite rise in unemployment

The increase came as the economy added 60,000 jobs in June, driven by gains in full-time work

By Nojoud Al Mallees, The Canadian Press |July 7, 2023

3 min read