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Economic stimulus should have stopped earlier to tame inflation, Bank of Canada says

Stimulus contributed to demand surge: Beaudry

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Canadian employers sought to fill nearly one million jobs in Q2

The job vacancy rate was at a record high

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Inflation is cooling, but the Bank of Canada isn’t done its fight: economists

Core measures also pointed to a slowdown in annual inflation last month

With rates rising, household debt growth is slowing

Both mortgage and non-mortgage debt grew at slower rates in July, StatsCan reported

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Input prices slow in August: StatsCan

Prices for industrial and raw materials eased, led by energy products

  • By: Staff
  • September 19, 2022 September 19, 2022
  • 12:27
Inflation

Reliable inflation signals silent when needed most

Indicators get wonky during the transition between low- and high-inflation periods, research finds

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Cross-border investment returns: StatsCan

Portfolio inflows resumed in July after a lull in June

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Inflation expectations ease, even as prices rise

Fed should be able to stick with 75 bps hike next week, BMO says

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Statistics Canada says wholesale sales down 0.6% at $80.2B in July

Textiles down 13.2%, machinery up 1.6%

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Housing starts down in August, says CMHC

Despite the drop, the statistics still represent historic highs, according to economist

Wealth GDP declines

Global GDP forecast slashed: Fitch

Recession now expected for Europe this year, U.S. in 2023

Inflation

Dreaded wage-price spiral avoided — so far, NBF says

Record gap between pay and price increases has opened this year

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U.K. inflation dips slightly in August to 9.9%

Fuel costs up 32% year over year

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Global recession unavoidable: Scotia

China and Europe are leading the downturn, while Canada and the U.S. may still skirt the worst

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U.S. inflation still stubbornly high despite August slowdown

Stock prices tumbled and bond yields rose as many investors feared a more aggressive Federal Reserve

Financial technology(fintech) and world economy

Growth in G20 turns negative in Q2

The slowdown was primarily driven by a sharp contraction in China, the OECD reports

House bubble

Statistics Canada says household debt ratio up in second quarter

There was about $1.82 in credit market debt for every dollar of household disposable income

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Leading indicators signal slowdown: OECD

Regulators also warn of rising financial as economic woes mount

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Nova Scotia records ‘surprise’ surplus of $350.9 million in 2021-22 fiscal year

Revenues $1.3B over budget but net debt topped $16B

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Weaker earnings a portent of recession: Fitch

Corporate profits tend to forecast economic downturns

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Job losses continue for third month, signalling economic slowdown

Economy has ‘hit a pothole’

Inflation

Lower economic growth necessary to bring inflation down: BoC

The Bank of Canada's senior deputy governor spoke in Calgary one day after the latest interest rate hike

Federal Reserve Building

Tighter monetary policy not a repeat of 1980s: Federal Reserve chair

Higher rates likely won't cause deep U.S. recession, Powell says

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European Central Bank makes largest ever interest rate hike

The ECB's benchmark is now 1.25% for lending to banks, with more hikes on tap

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BMO lowers 2023 growth forecasts for Canada, U.S.

The outlook doesn't qualify as a recession, but it will feel like one, report says