Money market rules are OK after all: Moody’s
Major reforms unlikely after review finds funds resilient to market stress
- By: James Langton
- July 28, 2023 July 28, 2023
- 15:12
Major reforms unlikely after review finds funds resilient to market stress
Impacts of tighter financial conditions, banking stress evident in Q1
Individual bank scores will be used by banking regulators in determining how much capital they need to hold in reserve
Benchmark interest rate stays at minus 0.1%, taking a nimbler approach to keep financial markets stable
Performance was slightly lower than expected, given reduced mining and oil and gas operations
Revenues rose by $1.3 billion on higher interest and employment insurance premiums, and greater proceeds from personal income tax
Weakening inflation suggests the Fed may be able to achieve a difficult ``soft landing'' for the economy
But the $3.25 billion in total disbursements in the first half of the year compares with $4.72 billion in the first six months last year
A burst of business investment drove last quarter's surprising GDP figure
Here's how certain trends may play out
Only about one-third of Canadians said they would use CBDCs, according to a CFA Institute survey
Policymakers need to balance the effects of rapid immigration, TD says
Active fixed income funds dominated the space in a modest quarter, according to Morningstar
Chief economist says it's "too early to celebrate"
Avison Young said it expects availability and vacancy to continue rising in the short term
The index fell from mid-2021 to mid-2022 as surging prices ate into household budgets
StatsCan finds fraud to be widespread, rarely reported to police
Mutual fund redemptions rise, but ETF sales up too
June's decline in inflation was praised by governor Tiff Macklem, but he's also warned the central bank is ready to raise interest rates further. Why?
Economists have been downgrading their probabilities of a U.S. recession
Demographics are boosting growth, but the rate outlook remains unchanged
Some of the commitments call for third-party oversight of commercial AI systems
Economists expect spending to slow in the second half