Economic Indicators

Fed chair signals gradual rate hikes in tame inflation era

Economic Indicators

Fed chair signals gradual rate hikes in tame inflation era

The U.S. Federal Reserve will likely keep raising short-term interest rates at only a gradual pace, Fed chair Jerome Powell said Wednesday, partly because there are few signs, so far, that the ultra-low U.S. unemployment rate is pushing up inflation. In a speech in Portugal, Powell said that, with the unemployment rate at an 18-year […]

By Christopher Rugaber, The Associated Press |June 20, 2018

3 min read

Decorative pattern

Economic Indicators

Promise and opportunity in energy and banks

Why banks and energy companies are attractive

By Sharon Ho |June 19, 2018

3 min read

Decorative pattern

Economic Indicators

New pipelines to drive oilsands expansion, report says

A pipeline capacity gap that is impeding the movement of Western Canada’s crude to market will close by 2021 and there will be surplus room from about 2022 until 2030, according to the Canadian Energy Research Institute. The Enbridge Line 3 and Trans Mountain expansion pipeline are expected to come onstream in about two years, […]

By Dan Healing, The Canadian Press |June 19, 2018

2 min read

Decorative pattern

Economic Indicators

EU and Australia begin free trade negotiations

Trade liberalization continues to have global momentum despite recent U.S. tariffs on steel and aluminum imports

By The Associated Press |June 18, 2018

2 min read