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Financial District of London and the Tower Bridge

“We have to support the Bank of England” in “difficult decisions,” Jeremy Hunt tells Sky News

image of houses

CIBC’s deputy chief economist says we need to change how we think about renting

Investment documents signed

Rising rates, benchmark reform, commodity prices all affected activity

Canadian money

OSFI is requiring an interim transition for liquidity measurement by Aug. 1 as the regulator consults on wholesale funding categories

Building construction

StatsCan reports record non-residential permit activity in March

Flag of the European Community in front of the Eurotower in Frankfurt am Main

The quarter-point increase comes a day after the Federal Reserve's identical move

Wealth GDP declines

Slowdown reflects impact of Federal Reserve's aggressive drive to tame inflation

Rolling money

Held off on a hike, but a cut in policy rate later this year ‘doesn't look like the most likely scenario’

Extreme Closeup of New Polymer Twenty Dollar Bills

Achieving price stability and financial stability critical, BoC governor tells reporters in Washington

Macro close-up of Federal Reserve logo on USA Federal Reserve Note

Inflation still above 2% target “so monetary policy needs to be tightened further,” board member Waller said