Fed keeps key interest rate unchanged
Central bank foresees three rate cuts next year
- By: Christopher Rugaber, The Associated Press
- December 13, 2023 December 13, 2023
- 14:41
Latest news in Research and Markets
Household debt ratio falls in Q3, but service costs rise
Statistics Canada found household disposable income rose 1.0%, while credit market debt gained 0.8%
- By: The Canadian Press
- December 13, 2023 December 13, 2023
- 09:32
Will there be a soft landing in 2024?
What happens next year is mainly in the hands of central banks, economists say
- By: Catherine Harris
- December 13, 2023 December 13, 2023
- 08:00
Equifax report says Q3 business delinquencies up from previous quarter
More businesses are seeking credit as the end of the year approaches
- By: The Canadian Press
- December 12, 2023 December 12, 2023
- 15:25
Pandemic exacerbates U.S. banks’ gender parity challenge
Pipeline of female leaders diverted by workplace shifts, DBRS says
- By: James Langton
- December 12, 2023 December 12, 2023
- 15:22
International investment position edges up: StatsCan
Foreign exchange gains offset by equity, bond market weakness
- By: James Langton
- December 12, 2023 December 12, 2023
- 14:53
U.S. consumer inflation eased slightly last month as gas prices fell, though some costs kept surging
The stickiness of inflation in the service sector will likely keep the Federal Reserve on guard
- By: Christopher Rugaber, The Associated Press
- December 12, 2023 December 12, 2023
- 14:39
Private markets face challenge of deteriorating economy in 2024
High rates continue to affect private equity valuations, while private credit faces default risk
- By: Mark Burgess
- December 12, 2023 December 12, 2023
- 13:23
How short sellers help stock prices
New research finds that brokers leak info on smart shorts into the market
- By: James Langton
- December 11, 2023 December 11, 2023
- 16:49
OSFI’s buffer call a credit negative: Moody’s
Higher capital levels would give the banks a bigger cushion, given the weaker economic outlook, report says
- By: James Langton
- December 11, 2023 December 11, 2023
- 16:34
Fed set to leave rates unchanged while facing speculation about cuts
Wednesday's rate announcement follows an inflation report on Tuesday
- By: Christopher Rugaber, The Associated Press
- December 11, 2023 December 11, 2023
- 11:10
Solid U.S. hiring lowers unemployment rate in latest sign of a still-sturdy job market
Employers are finding it easier to hire, with fewer complaints of worker shortages and less pressure to raise pay
- By: Christopher Rugaber, The Associated Press
- December 8, 2023 December 8, 2023
- 15:11
Chinese leaders wrap up annual economic planning meeting with scant details on revving up growth
The recovery after stringent pandemic restrictions were lifted was short-lived
- By: The Associated Press
- December 8, 2023 December 8, 2023
- 14:57
Fed seen cutting rates by mid-2024
Technical recession remains a distinct possibility, SIFMA survey finds
- By: James Langton
- December 7, 2023 December 7, 2023
- 16:56
Pressure on consumer spending ahead: TD
Mortgage resets next year expected to cut into spending
- By: James Langton
- December 7, 2023 December 7, 2023
- 16:46
Half of first-time homebuyers likely to use FHSA: poll
A majority of respondents didn't know the features and benefits of the account
- By: The Canadian Press
- December 7, 2023 December 7, 2023
- 12:38
Fintechs face stable outlook for 2024: Fitch
Solid balance sheets, low leverage, likely to leave ratings unaffected
- By: James Langton
- December 6, 2023 December 6, 2023
- 15:58
Montreal home sales in November edged down from year ago
Home sales in the region totalled 2,664, down from 2,700 in November 2022
- By: The Canadian Press
- December 6, 2023 December 6, 2023
- 15:10
Both goods and services see productivity declines in Q3
The 0.8% drop is the sixth straight quarterly labour productivity decline, StatsCan reports
- By: James Langton
- December 6, 2023 December 6, 2023
- 12:36
Statistics Canada reports $3B merchandise trade surplus for October
Imports fell 2.8% for the month to $63 billion
- By: The Canadian Press
- December 6, 2023 December 7, 2023
- 12:13
Big bank CEOs warn that new regulations could harm economy
Bankers warn that the proposals could negatively impact the economy at a time of geopolitical turmoil and inflation
- By: Ken Sweet
- December 6, 2023 December 6, 2023
- 12:01
Bank of Canada holds key interest rate steady at 5%
In final decision of 2023, central bank says weaker growth and cooling job market suggests demand is no longer outpacing supply
- By: Nojoud Al Mallees, Canadian Press
- December 6, 2023 December 6, 2023
- 11:48
Greater Toronto home sales fall amid affordability challenges
In Vancouver, home sales rose as newly listed properties added to supply
- By: The Canadian Press
- December 5, 2023 December 5, 2023
- 15:30
Consumer sentiment dims in Europe
Expectations for economic and income growth were lower in an ECB survey
- By: James Langton
- December 5, 2023 December 5, 2023
- 14:11
Moody’s cuts China’s credit outlook to negative
The rating agency cited slowing economic growth and the property crisis
- By: Zen Soo, The Associated Press
- December 5, 2023 December 5, 2023
- 12:43