Policy

BoE keeps main U.K. interest rate at 15-year high

The central bank warned that borrowing costs will likely stay elevated for some time

By Pan Pylas, The Associated Press |November 2, 2023

3 min read

Fed leaves key short-term interest rate unchanged

Leaves the door open to further rate hikes if inflation pressures should accelerate in the months ahead

By Christopher Rugaber, The Associated Press |November 1, 2023

4 min read

Newfoundland and Labrador projects $154-million deficit

The province will borrow up to $700 million more this fiscal year than it had anticipated in March

By The Canadian Press |October 31, 2023

2 min read

Surge in interest rates and a cloudier economic picture to keep Federal Reserve on sidelines

Economists estimate that sharp losses in the stock and bond markets will have a depressive effect on the economy

By Christopher Rugaber, The Associated Press |October 31, 2023

4 min read