Economic Indicators

Canadian retail sales dropped 1.8% in December

Economic Indicators

Canadian retail sales dropped 1.8% in December

Sales dropped in eight of 11 subsectors including furniture, down 11.3%

By The Canadian Press |February 18, 2022

1 min read

Return to normal may imperil financial stability, FSB warns

Economic Indicators

Return to normal may imperil financial stability, FSB warns

The combination of leverage with rising real estate and other asset valuations is a vulnerability

By James Langton |February 17, 2022

2 min read

Faster rate hikes likely if inflation stays high: U.S. Fed

Economic Indicators

Faster rate hikes likely if inflation stays high: U.S. Fed

Minutes released Feb. 16 of the U.S. central bank’s policy meeting show most policymakers say faster interest rate hikes are needed if inflation does not move down

By Christopher Rugaber, The Associated Press |February 16, 2022

3 min read

Inflation continues to outstrip wage growth as annual rate surpasses 5%

Economic Indicators

Inflation continues to outstrip wage growth as annual rate surpasses 5%

Bank of Canada deputy governor Timothy Lane said Wednesday the central bank still expects inflation rates to come down quickly in the second half of the year

By The Canadian Press |February 16, 2022

3 min read