Interest Rate
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Canada’s unemployment rate hits 7-year high in AugustMore signs of weakness in the Canadian labour market have some economists wondering if the Bank of Canada should pick up the pace of cuts.EconomySep 6
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The Bank of Canada cut rates again. Here’s why, and what’s nextThe Bank of Canada is continuing to cut its benchmark interest rate, lowering the cost of borrowing as inflation increasingly looks to be under control.MoneySep 4
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Kids are feeling the pinch of Canada’s cost of living crunch, poll findsMany kids are being told 'no' more often as their parents grapple with the rising cost of living, new Ipsos polling conducted exclusively for Global News shows.MoneySep 4
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The Bank of Canada is expected to cut rates again, with U.S. Fed on deckThe Bank of Canada and U.S. Federal Reserve are both gearing up for interest rate decisions. Here's what economists expect from governor Tiff Macklem this week.MoneySep 3
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‘The hangover of inflation’: What’s behind all the recent labour disputes?Whether it's on airport tarmacs, at shipping ports or along railways, Canadians have been seeing disruptions from labour unrest for years. Here's what ties it all together.EconomyAug 27
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Rail shutdown could ‘jeopardize’ some inflation progress: economistsUncertainty around how long rail disruptions may last could have dire implications for the Canadian economy. Here's what economists say about how the Bank of Canada might react.EconomyAug 23
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As inflation eases, Powell says ‘the time has come’ to adjust U.S. rates'The time has come for policy to adjust,' Chair Jerome Powell said in his keynote speech at the Fed's annual economic conference in Jackson Hole, Wyoming.EconomyAug 23
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Homebuying outranks wedding planning for Canadian youth, RBC survey saysMany Canadian youth are prioritizing saving for a home over other expenses and milestones like travelling or getting married, a new RBC survey shows.MoneyAug 21
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From ‘gradual’ to a cut every meeting: Why are interest rate bets changing?Expectations for how quickly the Bank of Canada could cut interest rates have been accelerating in recent months. Here's why, and what to expect for the rest of 2024.MoneyAug 21
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Inflation decelerates in July as car prices shift into reverseJuly consumer price index data will be the Bank of Canada's last look at the latest inflation trends before its upcoming rate decision slated for Sept. 4.MoneyAug 20
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