Tag
interest rates
Bank of Canada Governor Says Budget Update Won't Add New Inflationary Pressures
Tiff Macklem says the budgetary balance is ‘little changed’ relative to what it was in the budget earlier this year.
More Than 2 Million Mortgage Holders Expected to Feel 'Interest Rate Shock' in Next 2 Years
A report by the Canadian Mortgage and Housing Corporation says there are signs of significant financial stress on homeowners.
Fed 'Not Confident' Inflation Policy Restrictive Enough: Powell
Additional tightening could be in store for the U.S. economy if inflation doesn't come down fast enough.
Westpac CEO Believes Interest Rates May Need to Rise Further to Combat Inflation
Westpac CEO Peter King advocates further rate hikes amid his bank's spike in profits.
Retail Sales Steady, But Not Great: ABS Data
Stronger than expected growth in retail sales indicate inflation still a concern and may see interest rates rise in November.
