interest rates

Job openings hit 10.7M despite Fed attempts to cool economy Job openings hit 10.7M despite Fed attempts to cool economy

Economic Indicators

Job openings hit 10.7M despite Fed attempts to cool economy

Jerome Powell has expressed hope that inflationary pressure can be relieved by employers cutting job openings, not jobs

By Paul Wiseman, The Associated Press |November 1, 2022

2 min read

More rate hikes are coming, but cuts won’t be far behind Fallback Image Decorative pattern

Economic Indicators

More rate hikes are coming, but cuts won’t be far behind

Historically, cuts have followed within eight months of a hiking cycle's end, a report says

By James Langton |November 1, 2022

2 min read

Amid growing criticism, Macklem says Bank of Canada’s independence not under threat Fallback Image Decorative pattern

Economic Indicators

Amid growing criticism, Macklem says Bank of Canada’s independence not under threat

Forecasters are expecting higher interest rates to trigger a recession

By Nojoud Al Mallees, The Canadian Press |October 31, 2022

4 min read

Small business confidence plummets amid high debt, climbing interest rates Small business confidence plummets amid high debt, climbing interest rates

Industry

Small business confidence plummets amid high debt, climbing interest rates

Many businesses struggling to repay debt accumulated during Covid-19, CFIB says

By Brett Bundale, The Canadian Press |October 27, 2022

2 min read