interest rates

Bank turmoil led Fed officials to forecast fewer rate hikes Bank turmoil led Fed officials to forecast fewer rate hikes

Economic Indicators

Bank turmoil led Fed officials to forecast fewer rate hikes

Mild U.S. recession forecast to follow pullback in consumer, business loans

By Christopher Rugaber, The Associated Press |April 12, 2023

4 min read

Bank of Canada holds key interest rate at 4.5%, bumps up growth forecast for 2023 Fallback Image Decorative pattern

Economic Indicators

Bank of Canada holds key interest rate at 4.5%, bumps up growth forecast for 2023

Demand exceeds supply but inflation expected to drop to 2% by 2024

By The Canadian Press |April 12, 2023

3 min read

BoC likely to curb market’s rate-cut enthusiasm Fallback Image Decorative pattern

Economic Indicators

BoC likely to curb market’s rate-cut enthusiasm

Economists expect the central bank to sound hawkish on Wednesday while holding rates steady

By James Langton |April 11, 2023

2 min read

Canadians spending on travel and services but cutting back on restaurants, goods Fallback Image Decorative pattern

Economic Indicators

Canadians spending on travel and services but cutting back on restaurants, goods

Discretionary spending expected to drop as impact of higher interest rates is felt, RBC says

By The Canadian Press |April 6, 2023

2 min read