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Businesses, consumers expect high inflation for longer: BoC survey

For consumers, inflation has become the most important economic issue

Financial technology(fintech) and world economy

Rebound has peaked, finds OECD

Leading indicators point to slowing growth, the organization reports

  • By: Staff
  • January 17, 2022 January 17, 2022
  • 11:47
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2021 home sales set new record, top previous high by 20%

The national average home price hit $713,500 last month, up almost 18% from the previous December

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U.S. economy on solid path despite omicron

Moody's Investors Service sees three rate hikes in 2022

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Biden proposes three new U.S. Fed governors

If approved by the United States Senate, Michigan State prof Lisa Cook would be the first Black woman to serve on the Federal Reserve Board…

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Liberals extend repayment deadline for emergency business account to 2023

The program has provided loans worth almost $50 billion to more than 898,000 companies

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U.S. inflation soared 7% in past year, the most since 1982

Core prices jumped 5.5% year over year in the United States, the highest such increase since 1991, driven in part by mismatches between demand and…

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Fitch ramps up U.S. rate hike forecast

Rate rises to accelerate as Fed pivots on inflation

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`If we have to raise interest rates more over time, we will,’ Powell says

The Fed chair said Tuesday that inflation poses a major threat to the job market

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World Bank downgrades growth forecast

Outbreaks, bottlenecks expected to slow global growth

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Fed vice-chairman Richard Clarida resigns amid trading scandal

Clarida was scheduled to finish his term this month but will instead resign about two weeks early

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Asia Pacific stocks look for rebound in face of omicron

Zero-Covid policies have been a drag on returns

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Sky-high commodity prices could still rise: NBF

Growing global manufacturing is a positive for Canada

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U.S. unemployment sinks to 3.9% as many more people find jobs

Wages also rose sharply in December, with average hourly pay jumping 4.7%

Inflation hits record of 5% in 19 countries using the euro

Energy costs jumped 26%, Eurostat reports, while food price increases also contributed to European inflation

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Virus woes to weigh on Q1: RBC

Business restrictions, labour shortages to hamper economic activity

working from home

Latest employment numbers positive, but ‘a little bit stale’

Omicron could push up the jobless rate this month

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A shift in spending could dampen inflation, Shenfeld says

Oil prices could also affect inflation this year, bank economists suggest at outlook event

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Scotia increases Q4 growth estimate

The change follows better-than-expected November trade data

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Fed officials now seeing U.S job market near full recovery

December minutes show policymakers suggested they could hike three times this year

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Big Six go from strength to strength: Fitch

Capital markets, economic recovery seen powering banks' growth in 2022

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Canadian economy could hit ‘two-month air pocket’ to start the year

Bank economists predict three interest rate hikes this year starting in April

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Credit conditions poised to brighten: Fitch

Revenues, margins seen rising for investment-grade issuers

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OPEC, allies keep gradually pumping more oil amid omicron

Prices have recovered after a slide in late November when the new variant emerged

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A record 4.5 million Americans quit their jobs in November

Quits were high in the low-wage hotel and restaurant industries