Fed raises key rate by quarter point despite bank turmoil
Inflation remains elevated, bank failures likely to “weigh on economic activity”
- By: Christopher Rugaber, The Associated Press
- March 22, 2023 March 22, 2023
- 14:22
Inflation remains elevated, bank failures likely to “weigh on economic activity”
Actual 2023 growth could be stronger than forecast
Only certain investors will have access to the fund, which comes with redemption limits and performance fees
Quarter-point rate hike predicted as Ukraine war drives prices up
New listings down 26% year over year, average price down 19%
The province is also increasing the maximum age for applying for a retirement pension to 72 from 70
Causes of SVB failure unique to banks but some life insurance contracts with investment features are liquid, report says
Treasury Secretary said more rescue efforts could be necessary to prevent contagion
The finance minister noted the province has moved from a struggling economy to one dealing with challenges that come with growth
A coalition wants a review of the $100,000 limit that hasn't changed since 2005
The 5.2% reading in February marked the largest deceleration since April 2020
New appointments come a week after four board members opposed to the takeover resigned
Fidelity Clearing Canada will provide its uniFide back-office technology to Manulife Securities
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
QAFP exam has one more sitting before title protection transition ends
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