BoC needs to narrow inflation metrics: TD
Shelter costs skewing economic picture, impairing monetary policy
- By: James Langton
- February 20, 2024 February 20, 2024
- 15:16
Shelter costs skewing economic picture, impairing monetary policy
Drop of 2.9% in January was a sharper deceleration than expected by forecasters
The move is the latest attempt at boosting the country's ailing property sector
However, sales in the motor vehicle and motor vehicle parts and accessories subsector fell
Americans have continued to consume at a solid rate
Official figures were released as economy takes centre stage in runup to general election
Progress toward climate standards may ease greenwashing concerns, ICMA says
Rising refinancing risk, weaker valuations portend further loan losses
Expected increase in demand for rental housing could fall by about 50% as a result of new policy
It’s the largest gain since 2021, Canadian Real Estate Association reports
Lower food prices help offset higher energy costs
Green bonds to lead the way, with transition and blue bonds getting traction
The consumer price index rose 0.3% from December to January and 3.1% from a year ago
Robust consumer spending is fuelled by credit growth, report says
A growing share of business forecasters worry that the Fed is keeping rates unnecessarily high
Through a new web survey, insurance advisors across Canada shared their working experiences
Canada sees first decline in unemployment in over a year
Decline in real income followed four quarters of growth
Rising defaults a symptom, not the cause, of macro stress, Moody's finds
Core inflation remained persistent, even as energy inflation stayed negative
Central bank acknowledges rate-hiking cycle is likely over, but hasn't ruled out raising rates further amid inflation pressures
Former chairman of the Shanghai Stock Exchange to take reins as chairman and Communist Party chief of the China Securities Regulatory Commission
Total exports fell 1.9% in December to $64.1 billion, led by reduced shipments of motor vehicles and parts