Economic Indicators

Economic Indicators

Residential mortgage debt grew by fastest pace since 2008: CMHC

Clients who recently bought with variable rate mortgages could face significant monthly bill hikes

By The Canadian Press |July 6, 2022

2 min read

Economic Indicators

Bank of Canada’s rapid rate hikes likely to cause a recession, study finds

Think tank calls for BoC to adjust its target inflation rate to 4%

By Adena Ali, The Canadian Press |July 5, 2022

3 min read

Economic Indicators

Inflation marched higher in May: OECD

Ongoing rise in food and energy prices continues to drive increase

By Staff |July 5, 2022

1 min read

Economic Indicators

Bring back old-school inflation forecasting: C.D. Howe

Bank of Canada should track money supply, paper says

By James Langton |July 5, 2022

2 min read

Economic Indicators

Bank of Canada surveys suggest business and consumer inflation expectations up

However, businesses' longer-term expectations for inflation remain stable between 2% and 3%

By The Canadian Press |July 4, 2022

2 min read

Economic Indicators

Statistics Canada says economy grew 0.3% in April, but contracted in May

The surprise contraction may have been due to temporary factors

By Craig Wong, The Canadian Press |June 30, 2022

2 min read

Economic Indicators

Powell: ‘No guarantee’ Fed can tame inflation, spare jobs

ECB President Christine Lagarde said ``energy was vastly underestimated'' in the bank's assessment of inflation

By Paul Wiseman, The Associated Press |June 29, 2022

2 min read

Economic Indicators

U.S. economy slipped 1.6% to start year

American consumer spending substantially weaker than earlier thought

By Paul Wiseman, The Associated Press |June 29, 2022

2 min read

Economic Indicators

Europe’s central bank ready to ‘stamp out’ surging inflation

The ECB will end asset purchases on Friday that worked to boost the economy

By The Associated Press |June 28, 2022

2 min read

Economic Indicators

U.S. consumer confidence tested as economic anxiety grows

Index declined for second month in a row

By Matt Ott, The Associated Press |June 28, 2022

2 min read

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