Boosting bank competition without sacrificing safety
Open banking, fintech can enhance innovation, DBRS Morningstar says
- By: James Langton
- May 21, 2024 May 21, 2024
- 15:31
Open banking, fintech can enhance innovation, DBRS Morningstar says
Cost of latest trade salvo is low, but it escalates tensions, Moody's says
The slowdown from 2.9% in March was led by food prices, services and durable goods
Household debt levels rise in March, StatsCan reports
Portfolio outflows reach record levels in March, first quarter, StatsCan says
The central bank said it will reduce the minimum down payment for mortgages
Brighter earnings prospects underpin growing optimism, survey finds
However, ranks of unemployed women grew in the month
Compared with year ago, sales up 10.1% in the month
Commerce Department says retail sales unchanged in April as Americans unexpectedly pause spending
The seasonally adjusted annual rate of housing starts in Canada came in at 240,229 units for April, a drop of 1% from March
Overall manufacturing sales in constant dollars fell 2.0% in the month
April figures show slight cooling after three elevated readings
The agency says the overall decline came as sales were down in three of the seven subsectors it tracks
During a panel discussion, Powell said his confidence that inflation will ease "is not as high as it was"
Ultimately, reduced settlement cycle will pay off for overall financial system
The Fed will take its time to find out
The average asking rent for a one-bedroom unit in Canada was $1,915
The April employment gain was the largest monthly increase since January 2023
While the British economy grew by 0.6% in the first quarter, it has barely grown over the past year
U.S. and Canada lead the way in global deal value
U.K. inflation is forecast to fall below target in the near term