Economic Indicators

BoC open to hiking interest rates past 3%

Economic Indicators

BoC open to hiking interest rates past 3%

Price pressures are broadening, the deputy governor said in a speech

By Christopher Reynolds, The Canadian Press |June 2, 2022

3 min read

Stagflation lite? Risk of stagflation grows, though unlikely a repeat of 1970s

Economic Indicators

Stagflation lite? Risk of stagflation grows, though unlikely a repeat of 1970s

‘The question is whether raising interest rates will slow inflation’

By Brett Bundale, The Canadian Press |June 1, 2022

4 min read

Bank of Canada raises key rate by 0.5% amid stubbornly high inflation

Economic Indicators

Bank of Canada raises key rate by 0.5% amid stubbornly high inflation

The central bank is 'prepared to act more forcefully if needed'

By The Canadian Press |June 1, 2022

2 min read

U.S. consumer confidence slips in May amid stubborn inflation

Economic Indicators

U.S. consumer confidence slips in May amid stubborn inflation

Purchasing intentions for big-ticket items cooled slightly

By Matt Ott, The Associated Press |May 31, 2022

2 min read