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Background of Canadian money: 5,10,20,50,100 dollar bills and coins, loonie, toonie, quarter, dime, nickel, penny

Interest rates likely higher for the long term: BMO

Financial markets, housing market may face rate-driven headwinds

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TRREB sees GTA home prices flatten, but realtors detect return of market activity

Few want to sell, fewer looking to buy, January sales down 44.6% year over year

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U.S. adds a surprisingly strong 517,000 jobs despite Fed hikes

Policymakers hope to bring down inflation by reducing job openings

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BoE rate hike says “too soon to declare victory”

Inflation has slowed but is still fuelling a cost-of-living crisis, public-sector strikes and fears of recession

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ECB hikes rates, vows “we are not done”

The increase comes even as the European economy slows

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Fed lifts rate by quarter-point and signals more hikes ahead

``It would be very premature to declare victory," Powell says

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European inflation eases for third month to 8.5%

The ECB is expected to hike rates by a half-point on Thursday

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Rising credit provisions weigh on U.S. banks: Fitch

Capital markets have mixed effects on banks' revenues

  • January 31, 2023 January 31, 2023
  • 15:30
Background of Canadian money: 5,10,20,50,100 dollar bills and coins, loonie, toonie, quarter, dime, nickel, penny

Higher rates risk economic damage, Fitch warns

Housing market turmoil, deeper U.S recession pose threats too

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IMF upgrades outlook for the global economy in 2023

Output should grow 2.9%, global inflation should fall to 6.6%

Financial Towers, Deutsche Bank at Dusk,

Europe scrapes out economic growth by dodging gas disaster

3.5% growth could mask private consumption contraction

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Canadian economy grew slightly in November, expected to slow further

Annualized Q4 growth at 1.6%, slowdown in housing-related orders

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Companies make progress on anti-Black racism, but workers worry about recession: poll

Concerns about what an economic slowdown could mean for Black Canadians weighed on many of those surveyed

Federal Reserve System Fed of USA press conference concept. Microphones TV and radio channels with symbol and flag of US Federal Reserve. 3d illustration

Fed set to impose smaller hike, may hint of fewer increases

A downshift in rate increases is fueling enthusiasm on Wall Street that hikes will soon stop

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Financial sector downgrades outpace upgrades: Fitch

Macro slowdown and emerging-market sovereign downgrades loom over ratings

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Federal government posts $3.6 billion deficit between April and November

Rate hikes, inflation drive public debt charge up 36.8%

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U.S. inflation and consumer spending cooled in December

Prices up 5% year over year, consumer spending down 0.2% from November

Job vacancies declining from record high: StatsCan

Openings were lower in November, and payroll employment was flat

  • By: Staff
  • January 26, 2023 January 26, 2023
  • 15:23
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Retirement the key challenge to economy’s future

Policy-makers must foster workforce participation, skills match

factory workers

Economists expect unemployment to rise as businesses, consumers curb spending

With a potential pause from rate hikes, attention turns to the labour market

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U.S. economy slowed but still grew at 2.9% rate last quarter

Most economists expect a continued slowdown in Q1

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Pandemic turns payrolls into a lagging indicator

Job market still playing catchup, even as demand is slowing, Fitch says

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U.S. class action settlements surge in 2022

Strong investor recoveries expected to continue in the year ahead

  • January 25, 2023 January 25, 2023
  • 14:40
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Savings stockpile proves resilient: RBC

Pandemic-era deposits intact, likely to persist amid diminished confidence

Background of Canadian money: 5,10,20,50,100 dollar bills and coins, loonie, toonie, quarter, dime, nickel, penny

Bank of Canada raises interest rates, says it will take a “conditional” pause

Wage-price spiral risk down, inflation forecast to fall to 2% by 2024