Latest news in Research and Markets

hands holding planet

Climate funds growing alongside global temps

Assets growing but portfolio companies not on track to avert disaster

outline of people

Record population growth persists: StatsCan

At current rates, population would double in 25 years

wallet and cash

U.S. consumer spending to cool sharply: Fitch

Households to curtail spending amid softer labour markets, easing wage growth

Despite HISA hype, fund sales weaken in August

Mutual fund redemptions climbed while ETF sales slowed, IFIC reported

Markets gird for higher-for-longer rates: Moody’s

Central banks' next moves likely to be cautious, data-driven

Fighting for empty office chair

Why the U.S. job market has defied rising rates and expectations of high unemployment

The unemployment rate has scarcely budged since the Fed began a series of 11 rate hikes

White House preparing for government shutdown

The standoff could wreak havoc with the U.S. economy

Retail sales up 0.3% in July

Data reinforces the BoC's decision to hold rates, economist says

Fund manager fortunes a mixed bag: Fitch

In challenging markets, mass retail firms face greater pressure on fund flows

  • September 21, 2023 September 21, 2023
  • 16:39

Many U.S. CEOs get money for nothing

Top execs' payout targets may be too easy to hit, research suggests

Frustrated man calculating bills and tax expenses

Employment insurance ranks rise: StatsCan

Number of workers collecting jobless benefits jumped 6% in July

Now hiring sign

U.S. applications for jobless benefits fall to lowest level in nearly 8 months

Labour market continues to show strength in the face of elevated interest rates

Facade of bank of england

BoE joins Fed in keeping interest rates unchanged after inflation declines

The U.K. central bank kept its interest rate unchanged at a 15-year high of 5.25%

The Fed - Washington DC - Policy and Politics

Fed keeps rates unchanged but signals likelihood of another hike this year to fight inflation

Policymakers made clear Wednesday that they aren't close to declaring victory over the worst bout of inflation in 40 years

Speechless

Bank of Canada watching its words to avoid rate cut speculation, summary reveals

Governing council said holding rates steady was the right decision for now, but worried about misinterpretation

Walking against the wind

Fitch sees alt managers weathering the storm

Locked-in capital, robust fees and dry powder should help firms ride out market stress

woman stressed over uneasy stock market

Canadians report financial security concerns as inflation hammers savings

RBC 2023 Financial Flexibility Poll finds that 77% of survey respondents say they would like to save more but can't

  • By: IE Staff
  • September 20, 2023 September 20, 2023
  • 11:48
China currency

Chinese officials express faith in economy, keep interest rates steady

Upbeat tone contrasts with fears that China’s economic concerns could dent global and regional growth

Collage of british pounds

U.K. inflation dips in August, though Bank of England still set to raise rates

Consumer prices index moderated to 6.7% in the year August, down from 6.8% in July

piggy bank with flag of Canada

Swings in inflation not unusual, but underlying price pressures still high: BoC

Deputy governor weighed in on the numbers during a speech in Regina on Tuesday

Signs of labour market slack emerging: StatsCan

Job vacancies decline, wage growth pressures ease in Q2

Amid inflation, Canadians cut costs but not big goals: poll

Despite concerns about saving, only 13% of respondents recently consulted an advisor

  • By: IE Staff
  • September 19, 2023 September 19, 2023
  • 13:45

Borrowing beefs up in July: StatsCan

Outstanding mortgage and credit card balances rise

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

Canada’s inflation rate jumps to 4% in August

The increase makes the central bank's next rate decision tougher

Federal Reserve is poised to leave rates unchanged as it tracks progress toward a soft landing

Another rate hike this year will likely remain on the table, and Fed officials may project fewer cuts for next year