U.S. recession a growing fear as Fed plans to keep rates high
Central bank will either “break inflation” or “break the economy''
- By: Paul Wiseman and Stan Choe, The Associated Press
- December 16, 2022 December 16, 2022
- 11:15
Central bank will either “break inflation” or “break the economy''
Keeping buffers amid rising risks reflects prudence
CSA systemic risk survey reveals industry's chief concerns
SEC, DoJ allege trader tipped off day-trading retiree in long-running gambit
Amid weakness in bonds and equities, infrastructure and real estate held up
Shorter settlement cycle for mutual funds won't be mandated
Sales and prices have fallen this year as rising interest rates increased borrowing costs
OSFI keeps key mortgage stress test rate unchanged
Many Americans are digging into their savings to maintain the same level of spending
A variety of announcements were made
The regulator proposed reforms to enhance competition and boost investor protection
The Bank of England and Swiss National Bank also dialed back their increases
Tech stocks helped drive the overall S&P/TSX composite index higher on Tuesday
Producer price index up 0.5% from February and 4% from March 2025
Software firms rallied for a second day, recovering more of their losses from earlier this year
U.S. DoJ has US$40 million to pay back from US$4-billion scam
Regulator sets out vision for fostering financial innovation
Lawsuit makes claims on behalf of primary, secondary market investors
The update will factor in promises made since the fall, including a boost to the GST benefit
Speaking at the bank's AGM, Thomson also said Scotia will disclose its energy supply ratio later this month
Model has identified vulnerabilities in operating systems, browsers
Plus, Designed Wealth adds advisor and inaugural taxonomy and transition planning council named
McIntyre to start a new role later this month
Plus, appointments at Sun Life, Connor, Clark & Lunn, Sapling Financial and more
Investors are looking to exit from funds in droves during "a period of heightened negative sentiment"
Plus, new emerging market, target-date and tech funds, and a raft of fund changes
The lack of a structured follow-up when a client changes hands can leave the policyholder vulnerable