Bank of Canada holds key interest rate at 5%
The central bank is still open to more rate hikes if inflation doesn’t co-operate
- By: Nojoud Al Mallees, Canadian Press
- January 24, 2024 January 24, 2024
- 10:37
The central bank is still open to more rate hikes if inflation doesn’t co-operate
A measure of consumer sentiment has jumped by the most since 1991
Commodity producers to hold up better than interest-sensitive regions
Survey finds institutional investors plan to grow private equity, debt holdings
Policymakers to implement consolidated tapes, ban payments for order flow
Lagging effect of higher rates likely to bite this year, report says
However, the rating agency expects a slower pace for those cuts than financial markets are predicting
Canadian consumers are struggling with higher rates, suggests one economist
Tepid performance as well as regulatory and political factors cooled U.S. investors' appetites
Employment readings largely stable to close 2023
One in four deferred investing to pay down debt amid high interest rates, according to a survey
Real GDP in China grew by 5.2% last year but is expected to slow in the year ahead, Desjardins says
While more investors said they're using alternative sources, the costs of such data may be coming down
Inflation was 4% in December, up from 3.9% the month before, the first increase in 10 months
Long the most populated country in the world, China dropped into second place behind India in 2023
The report suggested that shoppers will be able to keep fuelling economic growth this year
Strategist sees a rotation back into defensive stocks and cyclical sectors
The Bank of Canada is expected to hold its key interest rate at 5% next week
Meanwhile, asking rents jumped 8.6% in December to hit record $2,178
SEC approval clears the way for mainstream industry to get into crypto, but risks remain
Population growth must slow sharply before productivity can improve, report says
Consumers have changed their spending habits in response to higher inflation, interest rates
Sales of chemical products rose, while car sales fell