interest rates

Decorative pattern

Economic Indicators

U.S. applications for jobless benefits fall to lowest level in nearly 8 months

Labour market continues to show strength in the face of elevated interest rates

By Matt Ott, The Associated Press |September 21, 2023

2 min read

Fed keeps rates unchanged but signals likelihood of another hike this year to fight inflation

Economic Indicators

Fed keeps rates unchanged but signals likelihood of another hike this year to fight inflation

Policymakers made clear Wednesday that they aren't close to declaring victory over the worst bout of inflation in 40 years

By Christopher Rugaber, The Associated Press |September 20, 2023

5 min read

Bank of Canada watching its words to avoid rate cut speculation, summary reveals

Economic Indicators

Bank of Canada watching its words to avoid rate cut speculation, summary reveals

Governing council said holding rates steady was the right decision for now, but worried about misinterpretation

By Nojoud Al Mallees, The Canadian Press |September 20, 2023

2 min read

Chinese officials express faith in economy, keep interest rates steady

Economic Indicators

Chinese officials express faith in economy, keep interest rates steady

Upbeat tone contrasts with fears that China’s economic concerns could dent global and regional growth

By Elaine Kurtenbach |September 20, 2023

4 min read

U.K. inflation dips in August, though Bank of England still set to raise rates

Economic Indicators

U.K. inflation dips in August, though Bank of England still set to raise rates

Consumer prices index moderated to 6.7% in the year August, down from 6.8% in July

By Pan Pylas, The Associated Press |September 20, 2023

2 min read

Canada’s inflation rate jumps to 4% in August

Canada’s inflation rate jumps to 4% in August

The increase makes the central bank's next rate decision tougher

By Nojoud Al Mallees, The Canadian Press |September 19, 2023

3 min read

Federal Reserve is poised to leave rates unchanged as it tracks progress toward a soft landing

Economic Indicators

Federal Reserve is poised to leave rates unchanged as it tracks progress toward a soft landing

Another rate hike this year will likely remain on the table, and Fed officials may project fewer cuts for next year

By Christopher Rugaber, The Associated Press |September 18, 2023

5 min read

Inflation likely gained pace in August, reversing progress

Economic Indicators

Inflation likely gained pace in August, reversing progress

Economists say recent slack in the economy will convince the BoC to remain on the sidelines

By Nojoud Al Mallees, The Canadian Press |September 18, 2023

3 min read

Europe’s central bank hikes interest rates again even as threat of recession grows

Economic Indicators

Europe’s central bank hikes interest rates again even as threat of recession grows

Decision raises benchmark deposit rate to 4%, highest since the euro was established in 1999

September 14, 2023

3 min read

U.K. economy shrinks in July amid bad weather and doctors’ strikes

Economic Indicators

U.K. economy shrinks in July amid bad weather and doctors’ strikes

Growth is expected to stay tepid

By The Canadian Press |September 13, 2023

1 min read

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