A ‘notable upgrade’: economists weigh in on the Bank of Canada’s outlook and latest rate decision
The Bank of Canada building in Ottawa. (Credit: HYUNGCHEOL PARK/Postmedia files) While economists weren’t surprised by the Bank…
Rate Cuts Are Dead. Inflation Is Sticky. Here’s 1 Type of Stock Built to Thrive in Exactly This Environment.
Forget rate cuts. They aren’t coming anytime soon. Instead, the probability of rate hikes is rising, based on…
Dollar scales two-month peak as Fed hike bets ramp up
By Rae Wee SINGAPORE, June 8 (Reuters) – The dollar was perched near a two-month high on Monday…
Blockbuster US job gains ruffle Wall Street
The US economy added a forecast-beating 172,000 jobs in May, but markets saw the data as signal the…
Economist Shane Oliver fears an ‘inflation mindset’ steering Australia toward recession
A leading Australian economist has warned the “clock is ticking” on a recession as an “inflation mentality” floods…
Why market bets for interest rate hikes in Canada are so high
The future path of interest rates in Canada is up for debate, with most economists coming down on…
ECB will not be inactive or overreact, ready to act to stabilise inflation, Villeroy says
PARIS, March 20 (Reuters) – The European Central Bank will not be inactive or overreact to the oil…
‘Three in a row’: Bank’s rate grim prediction
The price of oil plunged overnight on the hope that world leaders would release reserves. Picture: NewsWire /…