Powell tells Congress that Fed will raise rates this month
The U.S. central bank chair expects “it will be appropriate” to raise interest rates at its March 15-16 meeting
- By: Christopher S. Rugaber
- March 2, 2022 March 2, 2022
- 11:47
The U.S. central bank chair expects “it will be appropriate” to raise interest rates at its March 15-16 meeting
Laurentian Bank of Canada reported first-quarter revenue of $257.5 million
The widely expected quarter-point increase is the central bank's first interest rate hike since October 2018
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The bank's AUM of $345 billion represents an 11% increase from last year
Luke Gould, IGM Financial's CFO, will replace him as the company shuffles management ranks
The firm's wealth management net income is down by 6% compared to Q1 2021
Tipsters were paid $240,000 for information that led the regulator to open an investigation
The economy held up better than many expected through the omicron wave, providing justification for rate hikes
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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
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