Page 7 - Avery Shenfeld News Today

Federal Reserve Chairman Jerome Powell might be a bit more hawkish in his speech Thursday than his colleagues have been in recent speeches, economists said.

Federal Reserve Chairman Jerome Powell may be more hawkish in his speech Thursday, at least relative to some of the speeches by his colleagues, economists…

Bank of Canada could cut interest rates quicker than expected as higher borrowing costs chill housing market, says economist. Read more

The PBO report shows spending on public debt charges will jump to $46.4-billion this year from $34.8-billion the year before. The forecast for this year is $2.5-billion higher than the government estimated

Ottawa isn’t alone in its newfound fervour. The premiers of Ontario, British Columbia and Newfoundland and Labrador each wrote to the Bank of Canada urging it not to raise interest rates

Canada’s headline inflation rate is also about to take a serious trip north on higher energy prices. Read more

Canada’s headline inflation rate is also about to take a serious trip north on higher energy prices. Read more

Momentum builds for US soft landing with no recession

The Bank of Canada surprised almost no one when it held interest rates steady at five per cent Wednesday amid cooling economic data. Heres what you need to know about the decision, and what could be next.

The Bank of Canada’s benchmark interest rate remained unchanged on Wednesday amid signs the economy could be slowing enough to tame inflation.