Monetary Policy

Decorative pattern

Economic Indicators

U.S. economy accelerated to a 2.4% growth rate in Q2

A burst of business investment drove last quarter's surprising GDP figure

By Paul Wiseman, The Associated Press |July 27, 2023

4 min read

Decorative pattern

Canadians not overly eager to see central bank digital currencies

Only about one-third of Canadians said they would use CBDCs, according to a CFA Institute survey

By Maddie Johnson |July 26, 2023

3 min read

Decorative pattern

Economic Indicators

BoC mindful of not overdoing rate hikes, summary of deliberations reveals

The bank decided that the cost of waiting too long to raise rates outweighed the benefits

By Nojoud Al Mallees, The Canadian Press |July 26, 2023

2 min read

Federal Reserve raises key rate for 11th time in drive to slow inflation

Economic Indicators

Federal Reserve raises key rate for 11th time in drive to slow inflation

A key question is whether Wednesday's increase will be the Fed's last

By Christopher Rugaber, The Associated Press |July 26, 2023

4 min read

Decorative pattern

Economic Indicators

U.K. inflation falls by more than anticipated to a 15-month low

Fuel prices were the biggest driver behind the drop

By Pan Pylas, The Associated Press |July 19, 2023

3 min read

Decorative pattern

Shadow bank stress lurks, Moody’s warns

Tighter financial conditions pose growing threat to non-banks that may spread throughout financial sector

By James Langton |July 18, 2023

2 min read

Canada’s inflation rate tumbles to 2.8% in June

Economic Indicators

Canada’s inflation rate tumbles to 2.8% in June

But Canadians continue to pay substantially higher prices for groceries

By Nojoud Al Mallees, The Canadian Press |July 18, 2023

3 min read

Banks adjust prime rate in response to BoC hike

Economic Indicators

Banks adjust prime rate in response to BoC hike

The central bank raised its key lending rate to 5% on Wednesday

By Staff |July 12, 2023

1 min read

BoC raises key interest rate, expects slower return to inflation target

Economic Indicators

BoC raises key interest rate, expects slower return to inflation target

Bank says rate hike to 5% was prompted by elevated demand, driven by strong consumer spending

By The Canadian Press |July 12, 2023

3 min read

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

← Previous 1 … 6 7 8 9 10 … 44 Next →