New Home Prices Continue to Fall Across Canada Thanks to High Borrowing Costs
The price of a new home in Canada continues to decline, as rising borrowing costs put downward pressure on demand.
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Interest Rates
Jerome Powell Delivers 25 Basis-Point Rate Hike
To the horror of markets, Fed Chairman Jerome Powell raised borrowing costs another 25 basis points, opting to salvage what
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Bill Ackman, Who Pushed For “Aggressive” Interest Rate Hikes, Now Wants The Fed To Pause
Bill Ackman, the founder of Pershing Square Capital and an American billionaire investor, believes the US Federal Reserve should temporarily
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Canadian Home Sales on the Rise Despite High Interest Rates
High interest rates aren’t sending potential homebuyers to the sidelines. Latest data from the Canadian Real Estate Association shows that
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US Consumer Prices Ease as Expected, But Food, Shelter Inflation Continues to Soar
After rising 6.4% year-over-year in January, US consumer prices continued their descent last month, increasing 0.4% to an annualized 6%—
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Nomura Is Calling For A Fed Rate Cut And QT Halt
While Goldman Sachs sees the recent brouhaha in the banking industry as a sign for the Federal Reserve to stave
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Canada’s Economy Continues to Add Jobs Despite High Interest Rates
For the third consecutive month, Canada’s economy added more jobs than economists’ forecasts, solidifying an already-tight labour market that fails
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US Unemployment Rate Unexpectedly Rises
Latest data from the Bureau of Labour Statistics shows that job creation in the US is still as robust as
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Tiff Macklem Delivers on Rate Hike Pause, Canadian Dollar Plummets
It appears that Bank of Canada Governor Tiff Macklem delivered on his promise, and paused rate hikes during the central
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Jerome Powell: Rates Will Likely Be Higher Than Previously Expected
It appears Fed Chair Jerome Powell isn’t satisfied after all with the supposed “disinflationary process” that he previously insisted is
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