Not so fast on interest rate cuts, says European Central Bank
The bank left its benchmark rate unchanged at a record-high 4%
- By: David Mchugh, The Associated Press
- January 25, 2024 January 25, 2024
- 13:58
The bank left its benchmark rate unchanged at a record-high 4%
Global issuance for 2024 is estimated at US$950 billion
Revisions aim to enhance corporate transparency to investors, policymakers
Growth in average weekly earnings rose in the month
Optimism is growing that the Fed is on track to deliver a rare soft landing
Ailing sector poses a headwind to earnings, threat to credit quality
Regular payouts to maintain 4% growth, while variable dividends drop
Move appears to be part of a concerted effort to stabilize the markets
The central bank is still open to more rate hikes if inflation doesn’t co-operate
Swiss financial regulator gets a new leader as it looks to boost scrutiny of the bank
A measure of consumer sentiment has jumped by the most since 1991
The S&P/TSX composite index climbed 244.33 points to 32,000.10
After a record-breaking year for new product launches, old-fashioned strategies are still a solid choice for portfolios
Officials are preparing for a review of the Canada-U.S.-Mexico trade agreement in 2026
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Plus, a new TD partnership, and Toronto fintech becomes dark pool partner
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record