Economic Indicators

Rising rates weigh on credit growth, deposits: BIS

Impacts of tighter financial conditions, banking stress evident in Q1

By James Langton |July 28, 2023

2 min read

Europe’s banks could survive a drastic economic downturn, stress test shows

Individual bank scores will be used by banking regulators in determining how much capital they need to hold in reserve

By The Associated Press |July 28, 2023

2 min read

Japan’s central bank retains key interest rate, fine tunes bond purchases for more flexibility

Benchmark interest rate stays at minus 0.1%, taking a nimbler approach to keep financial markets stable

By The Associated Press |July 28, 2023

3 min read

StatCan says economy grew 0.3% in May, estimates 1% growth for Q2

Performance was slightly lower than expected, given reduced mining and oil and gas operations

By The Canadian Press |July 28, 2023

3 min read