Economic Indicators

Fed: Sharply higher rates may be needed to quell inflation

An ‘even more restrictive stance could be appropriate’ if inflation persists, U.S. central bank officials warn

By Christopher Rugaber, The Associated Press |July 6, 2022

3 min read

‘Bleak’ outlook for household wealth: Desjardins

Air is coming out of asset values inflated by pandemic supports

By James Langton |July 6, 2022

3 min read

Residential mortgage debt grew by fastest pace since 2008: CMHC

Clients who recently bought with variable rate mortgages could face significant monthly bill hikes

By The Canadian Press |July 6, 2022

2 min read

Bank of Canada’s rapid rate hikes likely to cause a recession, study finds

Think tank calls for BoC to adjust its target inflation rate to 4%

By Adena Ali, The Canadian Press |July 5, 2022

3 min read