Mortgage interest costs surge 28.5% pushing inflation higher in April
Homeowners renewing their mortgages could face huge increases as interest costs soared 28.5% in April, driving up inflation. Read on.
Source: montrealgazette.com
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Inflation ticks higher in April, testing Bank of Canada rate pause
Statistics Canada says the annual rate of inflation rose to 4.4 per cent in April, up from 4.3 per cent a month earlier
Source: theglobeandmail.com
Canada's inflation rate rises more than expected
Canada's consumer price index showed the inflation rate hit 4.4% in April, higher than March and economists' expectations. Read more
Source: leaderpost.com
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Money markets shift bets after hot inflation reading, no longer pricing in BoC rate cuts this year
Further rate hikes now seen more likely than cuts this year
Source: theglobeandmail.com
Mortgage interest costs surge 28.5% pushing inflation higher in April
Homeowners renewing their mortgages could face huge increases as interest costs soared 28.5% in April, driving up inflation. Read on.
Source: financialpost.com