Banks adjust prime rates after BoC hikes again
The Bank of Canada said interest rates will need to rise further to bring inflation down to its 2% target
- By: IE Staff
- September 7, 2022 September 7, 2022
- 15:58
The Bank of Canada said interest rates will need to rise further to bring inflation down to its 2% target
Pullback in commercial borrowing predicted
Central bank official confident U.S. inflation will fall to 2%
GuardPath funds aim for steady cash flow over 20 years or a large payout for survivors in 2042
Three in 10 investors were overconfident about their investment knowledge, but women and investors with advisors tended to be underconfident
The use of passive index ETFs doesn’t necessarily mean passivity in how they’re deployed
Short-term inflation expectations remain high
A "reasonable forecast" for longer-run equity returns is 3% to 3.5%, research says
Conflicts involving SPACs needed more transparency, regulator alleged
Cooling in energy markets takes the edge off price pressure
Cash alternative ETFs were also popular, while crypto funds saw outflows
Precious metals action calms, while Dow Jones tops 50K
Report calls for action on data gaps, surveillance, leverage
Trade deficit remains unchanged amid shifting tariff policy, Fitch reports
Trust account used in fraud, misappropriation, Law Society finds
Policy failed to cover hedge fund investment that turned out to be a fraud
Firm allegedly touted stocks on social media, while selling its holdings
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
Start with flexibility, tax efficiency, simplicity
Brokers, MGAs, software providers and TPAs set to evolve
Plus, moves at Our Family Office, Harvest ETFs, Manulife Wealth, Canada Life and more
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report
Plus, other firms launch new products, tweak their fund lineups