High Interest Rates and Household Debt: A Ticking Time Bomb for the Canadian Real Estate Market?
The Bank of Canada is sounding the alarm on the impact of rising interest rates on Canadian households, and the
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Inflation
Americans’ Credit Card Spending Slumped 1.2% in April
US consumer demand is showing signs of weakening, as households curtail their credit card spending for the first time since
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Argentina Prepares to Hike Rates As Inflation Soars Above 100%
Argentina’s economy continues to spiral into an even deeper crisis. The South American nation’s central bank is preparing to introduce
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Consumer Prices Unexpectedly Accelerate in April
After showing signs of abating for several consecutive months even amid a Bank of Canada policy rate hike pause, consumer
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US Inflation Still Persistently High
As was widely expected, consumer prices remained relatively unchanged in April, rising 0.4% from the month prior to an annualized
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US Federal Reserve Hikes Interest Rates 25 Bps
The US Federal Reserve has elected to raise the target for the federal fund rate yet again. The Fed raised
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Argentina’s Inflation Soared Past 100% in March
Inflation in Argentina soared by more than 100% last month, as the South American nation struggles with a years long
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Canadian Inflation Slows To 19-Month Low At 4.3%
The rate of increase in Canadian consumer prices has slowed down further, with the Consumer Price Index (CPI) 4.3% year
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FOMC Minutes Suggest ‘Mild Recession’ Is En Route, Little Progress on Disinflation
Since the last FOMC meeting in March, much of the upheaval surrounding the US and Swiss banking crisis has subsided,
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Tiff Macklem Leaves Rates Untouched, Is Confident Inflation Will Fall ‘Quickly’ In Coming Months
As was widely expected, Bank of Canada Governor Tiff Macklem opted to keep the overnight rate unchanged at 4.5%, gripped
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