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Borrowers may be looking for options as rates jump - Vimarsana News

Borrowers may be looking for options as rates jump

The Bank of Canada has nudged the prime rate up a quarter of a percentage point 4.75 per cent, leading to higher costs for borrowers

B.C. economy: 'Mild recession' possible - Vimarsana News

B.C. economy: 'Mild recession' possible

While food prices go up, economists expect B.C. housing sales to slow and prices to fall, a combination that one expert says could bring a "mild recession."

With Another Potentially Big Rate Hike Looming, Will The Fed Heed Calls For Caution? - Vimarsana News

With Another Potentially Big Rate Hike Looming, Will The Fed Heed Calls For Caution?

Is the Fed ready to consider slowing its pace of rate hikes? Why the Fed will likely stay Hawkish at least for the time being.

Bank of Canada raises interest rate again — but the pace of hikes may be slowing - Vimarsana News

Bank of Canada raises interest rate again — but the pace of hikes may be slowing

Canada's central bank continued its campaign to wrestle high inflation into submission on Wednesday, raising its benchmark interest rate for the sixth time this year.

Source: cbc.ca
Is Canada heading into a recession? - Vimarsana News

Is Canada heading into a recession?

As gas prices and food costs continue to escalate and another interest rate hike is expected next month, many Canadians are wondering if a recession is coming and how to prepare for a possible economic downturn.

Source: cp24.com