Bank of Canada Signals Pause to Rate Hike Cycle
Synopsis by Global News Jan 25 23
The Bank of Canada's key interest rate now stands at 4.5 per cent following eight consecutive increases aimed at cooling inflation.Read full article 
Yahoo Finance: Bank of Canada raises benchmark rate, signals possible end of hiking cycle
Story Details
| Last Updated | Jan 25 23 |
| Total Articles | 6 |
Main Topics
News on this topic
Bank of Canada set for one more rate hike in historic tightening campaign: The Bank of Canada is expected to raise interest rates to a 15-year high on Wednesday ...
reuters.com/markets/rates-bonds/bank-canada-set-one-more-rate-hike-historic-tightening-campaign-2023-01-25/
Bank of Canada raises key interest rate again, signals pause in rate hikes : The Bank of Canada has raised its overnight rate by 25 basis points ...
ctvnews.ca/business/bank-of-canada-raises-key-interest-rate-again-signals-pause-in-rate-hikes-1.6245116
Bank of Canada raises key interest rate 25 basis points, signals end of hikes for now
globalnews.ca/news/9434819/bank-of-canada-interest-rate-jan-2023/
More news on this subject
Previous
Bank of Canada set for one more rate hike in historic tightening campaign: The Bank of Canada is expected to raise interest rates to a 15-year high on Wednesday ...
reuters.com/markets/rates-bonds/bank-canada-set-one-more-rate-hike-historic-tightening-campaign-2023-01-25/
Bank of Canada raises key interest rate again, signals pause in rate hikes : The Bank of Canada has raised its overnight rate by 25 basis points ...
ctvnews.ca/business/bank-of-canada-raises-key-interest-rate-again-signals-pause-in-rate-hikes-1.6245116
Bank of Canada raises key interest rate 25 basis points, signals end of hikes for now
globalnews.ca/news/9434819/bank-of-canada-interest-rate-jan-2023/
West is best? How we stack up against Australia: Running a quick stock take on the NZ and Aussie economies, Australia comes out on top.
newsroom.co.nz/2024/04/23/west-is-best-how-we-stack-up-against-australia/
Could interest rate hikes be keeping inflation high?: The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates ...
thehill.com/business/4612114-could-interest-rate-hikes-be-keeping-inflation-high/
What's happening with global plastic treaty talks?: Global leaders are in Canada's capital for the fourth round of negotiations towards what would become the ...
theglobeandmail.com/world/video-whats-happening-with-global-plastic-treaty-talks/
Singapore core inflation eases more than expected to 3.1% in March: Both core and overall inflation dipped from the previous month and came in well below analyst ...
straitstimes.com/business/singapore-core-inflation-eases-more-than-expected-to-31-in-march
BOJ to project inflation will stay around target, signal chance for rate hike: The Bank of Japan is expected to project inflation will stay around its 2% target ...
reuters.com/markets/asia/boj-project-inflation-will-stay-around-target-signal-chance-rate-hike-2024-04-22/
How Risky Is Japan’s Monetary-Policy Normalization? | by Takatoshi Ito - Project Syndicate
project-syndicate.org/commentary/bank-of-japan-monetary-policy-normalization-risks-by-takatoshi-ito-2024-04
Wall St gains after Friday sell-off, Mideast tensions subside: Wall Street stocks ended higher on Monday following a market sell-off in previous sessions as ...
reuters.com/markets/us/futures-recover-after-friday-sell-off-mideast-tensions-ease-2024-04-22/
Quick Glance: Hope for Strong Quarterly Results Drives Wall St Stocks
- Wall Street stocks saw an increase on Monday as investors anticipated a busy week of quarterly results from key companies to gain insight into the health of the U.S. economy.
- All 11 S&P 500 sectors experienced growth, with technology and financial stocks leading the gains.
- In addition to the outstanding corporate earnings, markets are also looking forward to the upcoming release of the PCE data in March later this week to further understand the monetary policy trajectory.
- Megacap growth stocks showed gains, including Alphabet, Amazon.com, and Apple, along with Nvidia's increase to recover from a previous decline.
Hundreds of young supporters of Donald Trump lined up for his recent Green Bay, Wisconsin, campaign rally. The most common reason many are backing the former ...
reut.rs/49HtDgh
BOJ will hike rates if trend inflation accelerates, gov Ueda says: The Bank of Japan will raise interest rates again if trend inflation accelerates toward its 2% ...
reuters.com/markets/asia/boj-will-hike-rates-if-trend-inflation-accelerates-says-gov-ueda-2024-04-23/
US bond bulls lean into latest selloff despite inflation scare: A sharp selloff in U.S. bonds so far in April is prompting some investors to consider allocating ...
reuters.com/markets/us/us-bond-bulls-lean-into-latest-selloff-despite-inflation-scare-2024-04-22/
Brent hovers above $86 as traders unfazed by MidEast conflict: Global benchmark Brent slipped on Monday though it remained above $86 a barrel as traders turned ...
reuters.com/markets/commodities/oil-prices-retreat-us-crude-build-rate-cut-concerns-come-fore-2024-04-22/
Loss of purchasing power for citizens' allowance recipients: 25% more from the state - and less in their pockets in the end
spiegel.de/wirtschaft/soziales/buergergeld-erhoehungen-gleichen-kaufkraftverluste-nicht-aus-a-2a9616cd-3316-4755-a73b-8ee9de3f761e
Paid articlePaid
What the cost of insulin may mean for Biden's campaign: President Joe Biden frequently cites insulin prices as he promotes a $35 price cap for Americans with ...
apnews.com/article/biden-insulin-prices-cap-campaign-impact-f969191c3c5178c91cc973a1b89c2200
2025 Porsche Cayenne GTS Joins the Party with 493 HP and $127K Base Price: Along with more horsepower and higher prices, the sporty GTS SUV and Coupe benefit ...
caranddriver.com/news/a60551600/2025-porsche-cayenne-gts-new-details-price/
Perceived job security in Canada falls to lowest since COVID-19 - BNN Bloomberg: Net job security plunged to 44.9 per cent, its lowest level since May 2020 ...
bnnbloomberg.ca/perceived-job-security-in-canada-falls-to-lowest-since-covid-19-1.2062143
SF sales down 28% from 2019. What sectors and areas were hit hardest?: This map and table breaks down trend in S.F. sales tax revenue for the past five years
sfchronicle.com/bayarea/article/sf-sales-tax-neighborhood-19394489.php
By almost 20 percent: gas prices in Germany are rising again: The regular VAT rate for gas has been in effect again in Germany since the beginning of April. This ...
n-tv.de/wirtschaft/Gaspreise-in-Deutschland-steigen-wieder-article24889291.html
Poll: Election interest hits new low in tight Biden-Trump race: Amid a tight Joe Biden-Donald Trump race, the share of voters with high interest in the election ...
nbcnews.com/politics/2024-election/poll-biden-trump-tight-race-election-interest-low-rcna148170
Quick Glance: Poll: Election Interest Declines in Tight Biden-Trump Race
- The interest of voters in the election has reached the lowest point in two decades at this stage in a presidential race.
- The latest national NBC News poll reveals that the number of voters with high interest in the 2024 presidential election has nearly hit the lowest point in almost 20 years, with a majority holding negative views of President Joe Biden and former President Donald Trump.
- Inflation and immigration top the list of the country's most pressing issues, with only one-third of voters giving Biden credit for improving economic performance.
- The survey also highlights how the low voter interest and the independent candidacy of Robert F. Kennedy Jr. could potentially disrupt what has been a stable presidential contest with over six months until Election Day.
Investors raise bets on euro falling to parity with dollar: Eurozone borrowing costs seen as likely to fall first as strength of US economy lowers chance of ...
ft.com/content/700f0282-e939-4441-8093-6e012c39f4bd
Biden needs to face facts: He’s still losing to Trump : For President Biden and the Democrats, thing are looking ugly in November.
thehill.com/opinion/campaign/4604865-biden-needs-to-face-facts-hes-still-losing-to-trump/
Canada federal budget does not change fiscal track much, says Bank of Canada
reut.rs/44odr2N
Quick Glance: Macklem Sees Limited Impact of Canada Budget on Fiscal Direction
- Bank of Canada Governor Tiff Macklem suggested Prime Minister Justin Trudeau’s recent budget, which balanced increased spending with a capital gains tax hike and improved revenue forecasts, did not significantly contribute to inflationary pressures.
- Macklem informed reporters on Friday that the budget did not alter the government's fiscal trajectory significantly compared to the November fiscal update. It was highlighted that Finance Minister Chrystia Freeland upheld her commitment regarding deficit maintenance and shortfall reduction goals for the future.
- The Governor emphasized the continued adherence of the budget to these guidelines, which was deemed beneficial. He refrained from delving into specific details of budget measures, emphasizing the responsibility of lawmakers to deliberate on the government's fiscal plan.
- Macklem expressed that the latest three inflation indicators showed a sustained downward trend, with the bank awaiting confirmation that this trend will persist to ensure the progress towards price stability is maintained.
JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels: US bank says higher interest rates, inflation and global conflict have dented outlook for ...
ft.com/content/352b38a7-f298-4b54-adc2-f4cc1b17444b
Quick Glance: JPMorgan warns of Need for 'Reality Check' on Phasing out Fossil Fuels
- JPMorgan warns of setbacks in transitioning to renewable energy due to higher interest rates, inflation, and global conflicts.
- Investment in renewable energy currently offers subpar returns, potentially leading to social unrest.
- JPMorgan forecasts increasing demand for oil and gas until 2030, highlighting challenges in transitioning to renewable energy.
- Wood Mackenzie warns of the impact of higher interest rates on transitioning to a global net-zero economy, especially for renewables and nuclear power.
'Perfect storm' brings €2 per litre fuel back in prospect: €2 per litre fuel prices are firmly back in sight following the recent restoration of excise ...
rte.ie/news/business/2024/0421/1444470-perfect-storm-as-2-per-litre-fuel-back-in-prospect/
Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...
thehill.com/business/4605828-mortgage-rates-top-first-time/
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
- German private individuals hold a net wealth of 7716 billion euros.
- Stocks and investment funds saw significant gains in the last quarter.
- Cash and bank deposits remain the largest component of wealth.
- Household net wealth increases by 244 billion euros to 5560 billion euros.
Trump campaign blasts Biden for ‘largest tax hike ever' as Americans face 'record-high inflation'
foxbusiness.com/politics/trump-campaign-blasts-biden-largest-tax-hike-americans-face-record-high-inflation
Financial assets of private households at a record high: Overall, people in Germany have more financial assets than ever before. However ...
hna.de/wirtschaft/geldvermoegen-privater-haushalte-auf-rekordhoch-zr-93018343.html
Bag of Rice Still Selling for Up to N84,000 in Lagos: To verify if a bag of rice indeed sells for N60,000, FIJ took to two food markets in Lagos to ask the ...
fij.ng/article/bag-of-rice-still-selling-for-up-to-n84000-in-lagos/
Escalating Middle East tensions a fresh jolt to world markets: Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper ...
reuters.com/markets/global-markets-middle-east-graphic-2024-04-19/
5 worries keeping Biden, Democrats up at night: President Biden’s campaign is feeling good about where it is in its battle for reelection ...
thehill.com/homenews/campaign/4605899-five-worries-keeping-biden-democrats-up-at-night/
Iran-Israel tensions: Can Iran's economy handle a war?: Iran is suffering from inflation, currency depreciation and the impact of international sanctions ...
dw.com/en/iran-israel-tensions-can-irans-economy-handle-a-war/a-68862368
South Africa faces upside risk to inflation, financial conditions, central bank governor says
reuters.com/world/africa/safrica-faces-upside-risk-inflation-financial-conditions-cenbank-governor-2024-04-20/
Quick Glance: Challenges for South Africa in Inflation and Financial Conditions, According to Central Bank Governor
- Lesetja Kganyago, the Governor of the South African Reserve Bank, warned of upside risks to the country's inflation outlook.
- Despite the chaotic impact of adverse El Nino weather in Africa, the latest data does not show indications of price hikes in food.
- The South African Reserve Bank noted that the inflation rate is expected to reach the target range of 4.5% only by the end of 2025.
- Kganyago highlighted potential risks from higher oil prices due to tensions in the Middle East and tight global financial conditions resulting from prolonged high interest rates at the U.S. Federal Reserve.
Riester pension disappoints: many only receive measly returns: Disappointing Riester pension: New figures from the Federal Ministry of Finance reveal low payout ...
t-online.de/finanzen/ratgeber/altersvorsorge/privatevorsorge/riester-rente/id_100390008/riester-rente-enttaeuscht-viele-bekommen-nur-mickrige-ertraege.html
Iran-Israel escalation unsettles oil market: If the Middle East conflict spreads to Iran, it could restrict global oil supplies. The oil market therefore reacts ...
zdf.de/nachrichten/wirtschaft/iran-israel-eskalation-oelmarkt-100.html
US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
Petrol and diesel back to nearly €2 a litre as drivers hit by biggest price rise this year
independent.ie/business/personal-finance/petrol-and-diesel-back-to-nearly-2-a-litre-as-drivers-hit-by-biggest-price-rise-this-year/a1753249448.html
US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
UK inflation falls as crumpet and meat prices drop: New official figures show that inflation, the rate at which prices rise over time, fell again in March.
bbc.com/news/business-68833077
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Few in new poll say Biden law has helped fight climate change: Very few Americans believe the Inflation Reduction Act (IRA), signed into law by President Biden ...
trib.al/XuRnSYN
U.S. Mortgage Rates Jump Above 7% for the First Time This Year: Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent ...
nytimes.com/2024/04/18/business/mortgage-rates.html
Money latest: Should you pay your kids for good grades? Here's what psychologists think
news.sky.com/story/money-blog-news-latest-consumer-financial-inflation-employment-rights-maternity-leave-cost-of-living-13040934
Canada's capital gains tax rise will further knock productivity, say economists: Canada's plan to raise taxes on the savings of wealthy people and corporations ...
reuters.com/world/americas/canadas-capital-gains-tax-rise-will-further-knock-productivity-say-economists-2024-04-18/
If the Reserve Bank were a football coach, it would have been sacked eons ago: The bank’s job is to hold inflation between 2 and 3 per cent. Since mid-2014 ...
smh.com.au/politics/federal/if-the-reserve-bank-were-a-football-coach-it-would-have-been-sacked-eons-ago-20240418-p5fkv9.html
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
Should you wait for interest rate cuts to buy a house?: Once interest rates fall, property prices would likely go up, but buyers could borrow more money ...
smh.com.au/property/news/should-you-wait-for-interest-rate-cuts-to-buy-a-house-20240418-p5fkv8.html
Stock market today: Stocks slide for the 5th straight session: The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts ...
markets.businessinsider.com/news/stocks/stock-market-news-fifth-loss-fed-speakers-rate-cuts-delay-2024-4
Canada Hikes Capital Gains Tax to Raise Billions for Housing: Canada will raise capital gains taxes on businesses and wealthy individuals to help pay for tens of ...
bloomberg.com/news/articles/2024-04-16/canada-hikes-capital-gains-tax-to-raise-billions-for-housing
Paid articlePaid The truth comes out: US is paying dearly for outperformance : The United States is floating on a giant pumped-up air mattress of excess federal spending and no ...
thehill.com/opinion/finance/4602451-the-truth-comes-out-us-is-paying-dearly-for-outperformance/
Trump Media tells shareholders how to block their DJT stock being loaned to short sellers
cnbc.com/2024/04/18/trump-media-tells-djt-shareholders-how-to-block-short-sellers.html
David Rosenberg: Budget 2024 deserves a failing grade and will make the fight against inflation even harder
theglobeandmail.com/investing/markets/inside-the-market/article-david-rosenberg-this-anti-competitiveness-budget-deserves-a-failing/
Paid articlePaid
How much money do you need to retire? Most Americans calculate $1.8 million, survey says.
usatoday.com/story/money/personalfinance/2023/08/02/how-much-money-americans-need-for-retirement/70507274007/
Fed’s Uncertain Path Creates Bind for Bank of Canada’s Macklem: The Bank of Canada is getting closer to cutting interest rates, but there are limits to how far ...
bloomberg.com/news/articles/2024-04-19/fed-s-uncertain-path-creates-bind-for-bank-of-canada-s-macklem
Paid articlePaid Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran: Oil and gold prices rose and Japan's yen rallied on Friday on reports Israeli missiles ...
reuters.com/markets/view-oil-japans-yen-up-reports-israeli-missiles-hit-iran-2024-04-19/
Billionaire In-N-Out heiress Lynsi Snyder claims she went 'toe-to-toe' to keep prices down as Calif. fast food industry, prices slammed by minimum wage hike
nypost.com/2024/04/11/business/in-n-out-president-lynsi-snyder-went-toe-to-toe-to-keep-menu-prices-down/
More Americans worried about climate change, but few think Biden's climate law will help, AP-NORC poll says
pbs.org/newshour/politics/more-americans-worried-about-climate-change-but-few-think-bidens-climate-law-will-help-ap-norc-poll-says
Is it the right time to buy gold or wait as prices continue to soar: Is it the right time to buy gold as prices spiral?
timesofoman.com/article/144450-is-it-the-right-time-to-buy-gold-or-wait-as-prices-continue-to-soar
America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
Heineken Ireland is latest to hike price of pint from June: Heineken Ireland has announced that the price of its draught products will increase from June 4.
independent.ie/business/irish/heineken-ireland-is-latest-to-hike-price-of-pint-from-june/a1053458282.html
Business defaults soar as Australian house prices outpace the globe: Australian house prices are out-performing most of the world, even after inflation ...
smh.com.au/politics/federal/business-defaults-soar-as-australian-house-prices-outpace-the-globe-20240416-p5fk42.html
Why is the economy so strong? New hires are spending more and upgrading their lifestyles
usatoday.com/story/money/2024/04/18/strong-job-growth-bolsters-spending/73351285007/
How California fast food restaurants raised menu prices in response to $20 minimum wage
nypost.com/2024/04/16/business/california-fast-food-restaurants-raised-prices-due-to-minimum-wage/
International Monetary Fund: Germany in last place among industrialized nations (again)
spiegel.de/wirtschaft/unternehmen/konjunktur-deutschland-auf-dem-letzten-platz-der-industrienationen-schon-wieder-a-49d8a54b-1dbe-4406-a72b-604e1115b2b4
Xi Jinping says China’s exports are helping ease global inflation: Chinese president warns German Chancellor Olaf Scholz against ‘rise of protectionism’
ft.com/content/7cc89622-66a7-4b1c-9b2e-138f121a4731
Federal Budget 2024: Ottawa targets capital gains for billions in new revenue: Housing, defence and technology research all receive significant funding in the ...
theglobeandmail.com/politics/article-federal-budget-2024-targets-capital-gains-for-billions-in-new-revenue/
Paid articlePaid
Ringgit opens higher despite greenback strength: KUALA LUMPUR: The ringgit opened higher against the US dollar today although the greenback’s appeal as a ...
thestar.com.my/business/business-news/2024/04/17/ringgit-opens-higher-despite-greenback-strength
Is It Time To Buy Gold Stocks And ETFs As Gold Futures Hit A High? Here's What Charts Show
investors.com/research/gld-stock-a-buy-right-now-heres-what-charts-show-2/
Scotiabank analyst see ‘downside risks’ to bank stocks in a higher-for-longer interest rate backdrop
theglobeandmail.com/investing/markets/inside-the-market/article-scotiabank-analyst-see-downside-risks-to-bank-stocks-in-a-higher-for/
Paid articlePaid
Bank of Canada Gov. Macklem Says Inflation Edges ‘Closer to Normal’: Bank of Canada Gov. Tiff Macklem says inflation is getting “closer to normal” and officials ...
on.wsj.com/3JnfCKd
An unambitious, lacklustre Budget 2024 – that shouldn’t be a surprise: Much of the prebudget policy rolled out has been under the slogan ‘fairness for every ...
theglobeandmail.com/business/commentary/article-an-unambitious-lacklustre-budget-2024-that-shouldnt-be-a-surprise/
Paid articlePaid Fed’s Uncertain Path Creates Bind for Bank of Canada’s Macklem: The Bank of Canada is getting closer to cutting interest rates, but there are limits to how far ...
bloomberg.com/news/articles/2024-04-19/fed-s-uncertain-path-creates-bind-for-bank-of-canada-s-macklem
Paid articlePaid
Why child care costs are soaring: Wages in the industry have risen fast in the last few years — but they're still pretty low.
axios.com/2024/04/16/child-care-costs
What The Federal Budget's Spending Measures Could Mean For The BoC's Inflation Fight
seekingalpha.com/article/4684688-what-the-federal-budgets-spending-measures-could-mean-for-the-bocs-inflation-fight
Paid articlePaid Concern for Bank of England as real earnings growth at highest rate since 2021: While the wage figures are good news for households on the face of it ...
news.sky.com/story/real-earnings-growth-at-its-highest-rate-in-nearly-two-and-a-half-years-13116319
Quick Glance: Rising Real Earnings Growth Raises Concerns at Bank of England
- An unexpectedly weaker decline in the pace of wage increases has led to real earnings growth reaching its highest level in nearly two and a half years when considering inflation, according to the latest official data.
- Recent official figures indicate that average regular pay without bonuses was at 6% in the three months to February compared to the previous year.
- The broader ONS statistics revealed an increase in the UK's unemployment rate from 3.9% to 4.2%, with caution due to ongoing efforts to enhance the reliability of employment data.
- The forthcoming inflation data expected on Wednesday is likely to demonstrate further progress towards the Bank's objectives and the potential for a decrease from the current 5.25% interest rate.
The shadow of war darkens on the global economy: Short-term performance has been surprisingly good but policymakers are walking on eggshells
ft.com/content/31158ec7-433b-4c0e-9f2e-8a13e8dd4750
Budget 2024 'likely to be the worst' in decades, former BoC governor says: Without having seen it, former Bank of Canada governor David Dodge believes that ...
ctvnews.ca/politics/budget-2024-likely-to-be-the-worst-in-decades-former-boc-governor-says-1.6848214
Here are the tax brackets to file your 2023 taxes: The tax brackets for Americans will shift upward for tax year 2023, following a series of rule adjustments to ...
thehill.com/business/4595268-here-are-the-tax-brackets-to-file-your-2023-taxes/
You might get more money in your Social Security check than expected next year: Here's why
foxbusiness.com/personal-finance/your-social-security-cola-increase-could-be-bigger-expected-next-year
Some fixed mortgage rates are up despite hints of Bank of Canada cuts. Why? | Globalnews.ca
trib.al/AROPqRW
More Malaysians seeking jobs in Singapore amid weakening ringgit, inflation: Recruiters
channelnewsasia.com/singapore/malaysians-working-jobs-ringgit-inflation-manpower-employment-4265736
Next
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics