Bank of Canada governor Tiff Macklem reaffirmed the central bank’s independence on Thursday in response to politicians weighing in on the institution’s interest rate decisions over the past week. “I …
A new poll suggests nearly half of Canadians are living paycheque to paycheque as the cost of living crisis continues to squeeze household budgets, and young people are more likely …
The Federal Reserve announced last month another 0.25% interest rate hike. Part of the ongoing efforts to combat inflation, this quarter percentage point increase brings the fed funds rate to …
By Dasha Litvinova and David McHugh | Associated Press TALLINN, Estonia — Russia’s central bank made a big interest rate hike Tuesday, an emergency move designed to fight inflation and …