Economic Indicators

Weekly U.S. jobless claims drop as labour market remains sturdy

Total number of Americans collecting unemployment benefits declined for the first time in 10 weeks

By Matt Ott, The Associated Press |July 11, 2024

2 min read

U.S. inflation cools for third straight month

Latest data fuels speculation of interest rate cuts by the Federal Reserve

By Christopher Rugaber, The Associated Press |July 11, 2024

5 min read

Rate drop didn’t lead to rush of homebuyer demand: report

Latest Royal LePage house price survey shows “tepid” market response to quarter-point cut

By Sammy Hudes, The Canadian Press |July 11, 2024

2 min read

U.S. job market is cooling, Fed’s Powell stresses

The Fed likely won’t wait until inflation reaches its 2% target before cutting rates, Powell tells House panel

By Paul Wiseman, The Associated Press |July 10, 2024

2 min read