Economic Indicators

Q2 forecast dips on weaker manufacturing sales

Scotiabank's model forecast declines as supply issues dog sales in May

By James Langton |July 14, 2022

2 min read

Economic Indicators

Federal Reserve board member opens door to 1-point hike

The potential increase depends on robust consumer demand

July 14, 2022

3 min read

Economic Indicators

Banks adjust prime rates after BoC’s full-point hike

The Bank of Canada said interest rates will need to rise further to reduce the highest inflation in decades

By Staff |July 13, 2022

1 min read

Economic Indicators

Royal LePage cuts home price forecast for 2022

Prices in Q4 will still be up 5% year over year but not up 15% as was expected in April

By The Canadian Press |July 13, 2022

1 min read

Economic Indicators

Financial stability risks rising, FSB warns

Weaknesses hidden by the pandemic response may now emerge as economic conditions degrade

By James Langton |July 13, 2022

2 min read

Economic Indicators

OECD unemployment stable in May

Jobless rate remains at record low, and below pre-pandemic levels in most countries

By James Langton |July 13, 2022

1 min read

Economic Indicators

US inflation reached a new 40 year high in June of 9.1%

Excluding food and energy, annual consumer prices in the U.S. rose 5.9% on an annual basis in June

By Christopher Rugaber, The Associated Press |July 13, 2022

5 min read

Economic Indicators

Bank of Canada hikes key interest rate by full percentage point to 2.5%

The central bank now forecasts that inflation will remain at 8% over the next few months

By The Canadian Press |July 13, 2022

3 min read

Economic Indicators

Conference Board cuts economic growth forecast for 2022 and 2023

The think tank says it's not expecting an economic contraction in Canada, but the risks are creeping up

By Staff, with files from The Canadian Press |July 12, 2022

1 min read

Economic Indicators

Canadian household budgets stretched thin as inflation, interest rates rise: Survey

Nearly half of respondents are reining in spending on travelling, dining out and entertainment

By The Canadian Press |July 11, 2022

2 min read

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