Economists forecast slower growth for Europe
The forecast for core inflation was also revised downward in the latest ECB survey
- By: James Langton
- October 27, 2023 October 27, 2023
- 13:50
The forecast for core inflation was also revised downward in the latest ECB survey
Public debt charges grew by $4.1 billion, or 27.7%, largely due to higher interest rates
Neutral rate may be rising due to government deficits and changing supply chains
While prices for many goods are falling, the price increases for services remain chronically high
The bank forecasts a potential pickup in the housing market in 2024's second quarter
The result came amid higher prices and interest rates
Construction sector leads decline in payroll employment
Responsible Investment Association report highlights continued demand for ESG standards amid a slight uptick in the portion of RI assets
Rising interest rates seen as biggest challenge to economic growth
Canadian dollar dips to 72.55 cents against the U.S. dollar
But inflation, interest rates, labour shortages and supply chain bottlenecks still ranked as more pressing
Keeps door open to more rate hikes
Macroeconomic conditions, ESG backlash continue to drive investors away
Wednesday's rate announcement will be accompanied by the quarterly monetary policy report
Mutual fund redemptions rose in September, and ETF sales gained
Consumer confidence continues to be soured by rate hikes and inflation
Credit card balances also swelled, while HELOCs shank, the agency said
Strong trading activity offsets weakness in underwriting, M&A
While a rising population impacts housing costs, there's little evidence of its impact in other areas, research finds
Jobless beneficiary ranks expanded for fourth straight month
Prices for inputs and manufactured products rose in September, StatsCan says
Most respondents said the banks could do better at communicating about fees