Economic Indicators

Bank turmoil led Fed officials to forecast fewer rate hikes

Mild U.S. recession forecast to follow pullback in consumer, business loans

By Christopher Rugaber, The Associated Press |April 12, 2023

4 min read

Cheaper gas and food provide some relief from U.S. inflation

But core inflation was 5.6% in March

By Christopher Rugaber, The Associated Press |April 12, 2023

5 min read

Bank of Canada holds key interest rate at 4.5%, bumps up growth forecast for 2023

Demand exceeds supply but inflation expected to drop to 2% by 2024

By The Canadian Press |April 12, 2023

3 min read

BoC likely to curb market’s rate-cut enthusiasm

Economists expect the central bank to sound hawkish on Wednesday while holding rates steady

By James Langton |April 11, 2023

2 min read