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Keyword: Interest rates

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Case for interest rate hike builds with resilient inflation data: analysts

Federal reserve building, Washington DC

Short-term interest rate tightening is likely to flatten the yield curve if not accompanied by expectations of higher future inflation

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Canadians paid $9 billion more in interest charges in 2017 than in 2016

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Many experts predict another increase could arrive as early as next month

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More interest rate hikes on the horizon for Canada

Federal reserve building, Washington DC

Private economists expect the next interest rate hike to occur at the September meeting

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Rising interest rates will boost debt payments for highly indebted households, which make up 12% of all Canadian households

stressed young couple worries about their finances

Half of respondents in debt said they are stressed about their level of indebtedness

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The ECB left its key rates and monetary stimulus settings unchanged at a meeting Thursday

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The increase will raise the cost of borrowing for clients with variable rate mortgages and lines of credit