Latest news in Research and Markets

U.K. compass points to inflation

U.K. inflation falls to lowest level since late 2021

Easing prices, including for food, pave the way for a welcome cut in interest rates soon

money flow

Investors flock to foreign bonds: StatsCan

Foreign investors dump Canadian government debt

Employment, labour participation at record highs

Labour market metrics remained elevated in fourth quarter, OECD says

100-dollar-bill

Fed’s Powell: Elevated inflation will likely delay rate cuts this year

U.S. consumer inflation was most recently reported at 3.5%

China flag

China’s GDP delivers upside surprise for Q1

Risks remain to the downside for economy, Desjardins says

A man looks through a magnifying glass

Corporate credit quality weakening: Fitch

Downgrades outnumber upgrades, led by weakness in corporate junk

home building

Housing starts down 7% in March: CMHC

Despite month-over-month decline in March, housing starts trending 'at a solid pace': economist

Globe dollars

IMF: Outlook for world economy is brighter

Global expansion being powered by unexpectedly strong growth in the U.S.

Wooden blocks with percentage sign and arrow up, financial growth, interest rate increase, inflation concept

Annual inflation rate increased to 2.9% in March

Gasoline prices rose 4.5% compared with a year earlier

home financing

Feds propose loan program for secondary suites

Homeowners could soon access up to $40,000 in low-interest loans

  • By: IE Staff
  • April 15, 2024 April 15, 2024
  • 15:22
Inflation balloon

U.S. inflation surprise clouds rate cut picture

Unlikely that Fed will see enough support for a June cut, Moody's says

mining truck

Manufacturing sales up 0.7% in February

Sales of petroleum and coal helped drive the increase, StatsCan said

U.S. retail sales surge 0.7% in March

With jobs plentiful, Americans seem unfazed by higher prices

Hand holding home buying house

Home prices expected to climb 4.9% in 2024 as sales rise last month: CREA

March home sales, average price also up from a year ago

Wall Street firms poised for strong Q1

Robust investment banking revenues to drive improved earnings

Frankfurt, Germany - November 09, 2020: European Central Bank ECB, EZB headquarters at Eastend Frankfurt, Germany. The European Central Bank (ECB) is the central bank of the Eurozone. Close-up of the logo in front of the building.

ECB holds as central banks wrestle with when to cut

Many central banks are tilting toward undoing some of the sharp hikes to interest rates

Federal Reserve building

Higher gas and rents keep U.S. inflation elevated

Figures from March will likely delay Fed rate cuts

Globe climate

OECD flags need for climate-proofed infrastructure

Governments must prioritize sustainable investment as damaging events increase

U.S. bank consolidation on pause, for now

Merger activity subdued, but the benefits of scale only continue to grow

inflation at the grocery store

OECD inflation stable in February

Core inflation stays hot, while food components continue to ease

U.S. labour market shine won’t last: Moody’s

Robust gains due to weaken as conditions normalize

Yellen says U.S. will push China to change industrial policy

Beijing position threatens American jobs, Treasury Secretary says

Montreal home sales up in March

Prices rise across all housing types

Miniature House on A Financial Graph

Spring housing market surge unlikely, industry watchers say

Affordability, cost of living still weighing on buyers, even as rate cuts appear imminent

crunching numbers

Many still feel squeezed, even as debt worries ease: index

Insolvency firm says Canadians are growing more optimistic as prospect of interest rate cut rises