Economic Indicators

Bank of England says banks are resilient enough to help struggling households

Central bank says British households face higher debt burdens but banks are in better position to help than they were 15 years ago

By Pan Pylas, The Associated Press |July 12, 2023

2 min read

Slowing U.S. inflation eases pressure on households

Inflation rate falls to an annualized rate of 3% in June with easing prices for gasoline, airline fares, used cars and groceries

By Christopher Rugaber, The Associated Press |July 12, 2023

3 min read

BoC raises key interest rate, expects slower return to inflation target

Bank says rate hike to 5% was prompted by elevated demand, driven by strong consumer spending

By The Canadian Press |July 12, 2023

3 min read

As pandemic business loan repayment deadline looms, calls for extending deadline grow

Businesses that pay back their loans by the end of the year are eligible to have up to one-third of their loans forgiven

By Nojoud Al Mallees, The Canadian Press |July 11, 2023

3 min read