Monetary Policy

Economists expect Bank of Canada to hike key interest rate by 0.75% on Wednesday Fallback Image Decorative pattern

Economic Indicators

Economists expect Bank of Canada to hike key interest rate by 0.75% on Wednesday

Central bank may need to trigger a recession to tame inflation

By Nojoud Al Mallees, The Canadian Press |July 11, 2022

3 min read

Fed: Sharply higher rates may be needed to quell inflation Fallback Image Decorative pattern

Economic Indicators

Fed: Sharply higher rates may be needed to quell inflation

An ‘even more restrictive stance could be appropriate’ if inflation persists, U.S. central bank officials warn

By Christopher Rugaber, The Associated Press |July 6, 2022

3 min read

Residential mortgage debt grew by fastest pace since 2008: CMHC Fallback Image Decorative pattern

Economic Indicators

Residential mortgage debt grew by fastest pace since 2008: CMHC

Clients who recently bought with variable rate mortgages could face significant monthly bill hikes

By The Canadian Press |July 6, 2022

2 min read

Bank of Canada’s rapid rate hikes likely to cause a recession, study finds Bank of Canada’s rapid rate hikes likely to cause a recession, study finds

Economic Indicators

Bank of Canada’s rapid rate hikes likely to cause a recession, study finds

Think tank calls for BoC to adjust its target inflation rate to 4%

By Adena Ali, The Canadian Press |July 5, 2022

3 min read