Rate Hike Effect: 1 In 3 Mortgage Owners Believe They’ll Have To Sell In 10 Months
According to a new Yahoo Canada/Maru Public Opinion poll, one-third (35%) of homeowners with a financial encumbrance believe they won’t
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Inflation
ECB Raises Rates 50 Basis-Points, Pledges Further Hikes As Inflation Runs Amok
The European Central Bank on Thursday announced yet another rate hike, this time a 50 basis-point increase. The central bank’s
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Federal Reserve Hikes Rates 25 Basis Points, Hints At More Future Increases
As widely expected, the Federal Reserve hiked borrowing costs another 25 basis points, wrapping up its two-day policy meeting and
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Fed Officials Expected to Hike Rates Another 25 Basis Points
The Federal Reserve is expected to conclude its two-day policy meeting on Wednesday, and markets are expecting yet another rate
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Brazil’s New President Doesn’t Want An Independent Central Bank
Brazil’s new left-leaning president Luiz Inácio Lula da Silva (Lula) doesn’t appear to be phased by the country’s surging inflation, and
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Chrystia Freeland Reassures Canadians Economy is Not in a Recession – Despite Evidence Suggesting Otherwise
Chrystia Freeland is so adamant on keeping her promise to spend more money, that she’s now gaslighting Canadians into believing
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Bank of Canada Delivers 25 Basis-Point Hike, Hints at Pausing to Assess Economic Impact
For the eighth consecutive meeting, the Bank of Canada opted to raise its overnight rate in face of persistently high
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Canadians Aren’t Shopping: Retail Sales Down by Most in 11 Months
Thanks to persistently high inflation rapidly eroding away at their wallets, Canadians are avoiding shopping, particularly for food. Consumers are
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Canadian Inflation Slows to 6.3% in December
Consumer prices continued to slowly moderate in December, suggesting peak inflation may have passed. Canadians paid 6.3% more for goods
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Is It Becoming Socially Acceptable to Steal From Price-Gouging Grocery Stores?
A recent increase in social media users announcing that they have been shoplifting from Canadian grocery stores has caused concern
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