Economic Indicators

Tighter monetary policy not a repeat of 1980s: Federal Reserve chair

Higher rates likely won't cause deep U.S. recession, Powell says

By Christopher Rugaber, The Associated Press |September 8, 2022

4 min read

European Central Bank makes largest ever interest rate hike

The ECB's benchmark is now 1.25% for lending to banks, with more hikes on tap

By David Mchugh, The Associated Press |September 8, 2022

3 min read

BMO lowers 2023 growth forecasts for Canada, U.S.

The outlook doesn't qualify as a recession, but it will feel like one, report says

By James Langton |September 8, 2022

2 min read

Bank CEOs say higher rates starting to dampen growth despite economic buffers

Pullback in commercial borrowing predicted

By Ian Bickis, The Canadian Press |September 7, 2022

2 min read