Climate funds growing alongside global temps
Assets growing but portfolio companies not on track to avert disaster
- By: James Langton
- September 27, 2023 September 27, 2023
- 14:55
Assets growing but portfolio companies not on track to avert disaster
At current rates, population would double in 25 years
Mutual fund redemptions climbed while ETF sales slowed, IFIC reported
Central banks' next moves likely to be cautious, data-driven
The unemployment rate has scarcely budged since the Fed began a series of 11 rate hikes
The standoff could wreak havoc with the U.S. economy
Data reinforces the BoC's decision to hold rates, economist says
Top execs' payout targets may be too easy to hit, research suggests
Number of workers collecting jobless benefits jumped 6% in July
Labour market continues to show strength in the face of elevated interest rates
The U.K. central bank kept its interest rate unchanged at a 15-year high of 5.25%
Policymakers made clear Wednesday that they aren't close to declaring victory over the worst bout of inflation in 40 years
Governing council said holding rates steady was the right decision for now, but worried about misinterpretation
RBC 2023 Financial Flexibility Poll finds that 77% of survey respondents say they would like to save more but can't
Upbeat tone contrasts with fears that China’s economic concerns could dent global and regional growth
Consumer prices index moderated to 6.7% in the year August, down from 6.8% in July
Deputy governor weighed in on the numbers during a speech in Regina on Tuesday
Job vacancies decline, wage growth pressures ease in Q2
Despite concerns about saving, only 13% of respondents recently consulted an advisor
Outstanding mortgage and credit card balances rise
The increase makes the central bank's next rate decision tougher
Another rate hike this year will likely remain on the table, and Fed officials may project fewer cuts for next year