The Bank of Canada’s governing council agreed the odds of another rate hike have decreased during its discussions ahead of the interest rate decision earlier this month. The central bank …
If one event dominates the coming year, it will almost certainly be the US presidential election. Barring something unexpected, we are likely to see a rematch of Joe Biden vs …
“As the pressure of inflation recedes, the real interest rate is rising and creating an environment that is too restrictive,” said Raymond Mok, assistant vice-president of investment strategy at KGI …
Not collapsing, just crumbling. That would be a good way to describe the state of the global economy at present, and now that it has begun sliding, it probably won’t …
The world’s largest and most open economy, its biggest and most liquid capital market and the country with the dominant reserve currency has always been a key determinant of the …
For a third straight time, the U.S. Federal Reserve kept its key interest rate unchanged Wednesday, as it signalled its expectations to make a series of quarter-point cuts to the benchmark interest …
Justin Trudeau’s government has had to weather many storms over the last eight years. The SNC-Lavalin controversy. An old yearbook photo with the prime minister in blackface. Multiple ethics violations. …
What a difference a year makes. At the end of 2022, all eyes were on China as the abrupt end of the government’s zero-Covid policy fuelled hopes of a sharp …
The Bank of Canada decided to keep its benchmark interest rate steady at five per cent. The move was widely expected, as after raising its trendsetting rate 10 times since early …
Reuters: The South African rand was weaker in early trade on Monday against a stronger dollar ahead of a data-filled week both locally and abroad. South African rand was weaker …