US stocks fall sharply after the Fed hints at just 2 rate cuts for 2025
The Dow Jones Industrial Average dropped 2.6%
- By: Stan Choe, The Associated Press
- December 18, 2024 December 18, 2024
- 16:48
Latest news in Research and Markets
U.S. Federal Reserve cuts key rate by a quarter point
Following its third cut this year, Fed signals fewer reductions in 2025
- By: Christopher Rugaber, The Associated Press
- December 18, 2024 December 18, 2024
- 14:28
Oil prices seen sliding, but volatility risks rising
Supply and demand should see lower prices, but geopolitics could interfere
- By: James Langton
- December 18, 2024 December 18, 2024
- 14:11
U.K. inflation picks up in November
Bank of England expected to keep key interest rate steady at 4.75% when it meets on Thursday
- By: Pan Pylas, The Associated Press
- December 18, 2024 December 18, 2024
- 09:31
Offshore investors jumping into Canadian securities
Canadian equities, bonds see inflows in October: StatCan
- By: James Langton
- December 17, 2024 December 17, 2024
- 14:16
Moody’s upgrades National Bank ratings
Bank is outperforming the rest of the Big Six, rating agency reports
- By: James Langton
- December 17, 2024 December 18, 2024
- 13:45
Rental supply gains help cool pace of rent growth in 2024: CMHC
Canada’s supply of purpose-built rentals grew 4.1% on an annual basis
- By: Sammy Hudes, The Canadian Press
- December 17, 2024 December 17, 2024
- 11:50
U.S. retail sales rose at healthy pace last month
The figures from the U.S. Commerce Department come ahead of the Fed's rate decision on Wednesday
- By: Anne D’innocenzio and Christopher Rugaber, The Associated Press
- December 17, 2024 December 17, 2024
- 11:19
Canada’s quarterly population growth hits slowest pace since early 2022
Canada’s population is estimated to have reached roughly 41.5 million
- By: The Canadian Press
- December 17, 2024 December 17, 2024
- 11:04
Canada’s inflation rate down a tick to 1.9% in November
Black Friday sales helped dampen overall price growth in the month
- By: Nojoud Al Mallees and Ritika Dubey, The Canadian Press
- December 17, 2024 December 17, 2024
- 09:58
National home sales continue surging, prices rise amid falling interest rates: CREA
The average sale price for November is $694,411, up 7.4% compared to last year
- By: Sammy Hudes, The Canadian Press
- December 16, 2024 December 16, 2024
- 15:54
U.S. corporate debt hits record mark in Q3: S&P
Rise in debt led by refinancing activity among higher-rated companies
- By: James Langton
- December 16, 2024 December 16, 2024
- 15:15
Labour markets continue to cool
Job vacancies continue decline, total labour demand slips, in third quarter
- By: James Langton
- December 16, 2024 December 16, 2024
- 14:11
Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
Economists now expect only two or three Fed rate cuts in 2025
- By: Christopher Rugaber, The Associated Press
- December 16, 2024 December 16, 2024
- 10:52
Economists see November inflation staying at 2% or slightly rising
The GST holiday will push inflation down to about 1.5% in January: BoC
- By: Ritika Dubey, The Canadian Press
- December 16, 2024 December 16, 2024
- 09:27
Fall fiscal update to grapple with Trump presidency, expected to show larger deficit
The parliamentary budget officer has predicted a $46.8 billion federal deficit
- By: Nojoud Al Mallees, Canadian Press
- December 16, 2024 December 16, 2024
- 08:47
Canada’s ‘stealth recession’ may deepen if Trump tariffs implemented: portfolio manager
Franklin Templeton panelists share outlooks for 2025, including investment opportunities
- By: Noushin Ziafati
- December 13, 2024 December 13, 2024
- 16:47
Financial conditions threaten U.S. inflation fight: NBF
Loose financial conditions, tariffs are both potentially inflationary
- By: James Langton
- December 13, 2024 December 13, 2024
- 16:44
China plans to double down on economic support as Trump tariffs loom
Leaders commit to raising China’s deficit, do more to encourage consumer spending
- By: Elaine Kurtenbach, The Associated Press
- December 13, 2024 December 13, 2024
- 12:07
Manufacturing, wholesale sales up in October: StatCan
Wholesale sales increased in six of the seven subsectors the agency tracks
- By: The Canadian Press
- December 13, 2024 December 13, 2024
- 09:43
Household income rises as debt falls in Q3: StatCan
Net wealth rose 1.7% for the period
- By: The Canadian Press, with files from IE
- December 12, 2024 December 13, 2024
- 15:17
G20 growth edged up in third quarter: OECD
Results within the G20 mixed, with growth slowing in Canada, but rebounding elsewhere
- By: James Langton
- December 12, 2024 December 12, 2024
- 13:50
ECB cuts rates a quarter point
The benchmark European rate is now 3%
- By: David Mchugh, The Associated Press
- December 12, 2024 December 12, 2024
- 10:32
Jobless rates remain low, stable: OECD
OECD unemployment rate has stayed low since early 2022
- By: James Langton
- December 11, 2024 December 11, 2024
- 12:11
Text of the Bank of Canada’s latest interest rate decision
Governor Tiff Macklem delivered this prepared statement
- By: The Canadian Press
- December 11, 2024 December 11, 2024
- 10:16