Economic Indicators

BoC maintains 1% overnight rate, lowers outlook

The Bank of Canada today announced it’s maintaining its target for the overnight rate at 1%. The Bank Rate is correspondingly 1.25% and the deposit rate is 0.75%. Insisting that some modest withdrawal of monetary policy stimulus will likely be required over time, consistent with achieving the 2% inflation target, the Bank’s Monetary Policy Report […]

By Staff |January 23, 2013

2 min read

Barclays slashing 2,000 jobs, warns execs

Barclays is getting set to slash up to 2,000 jobs.

By Wire services |January 23, 2013

1 min read

Droughts, rising food prices predicted for 2013

If conditions don’t improve, food prices will likely remain high this year after a record 2012 for grain futures.

By Staff |January 23, 2013

1 min read

Jobless ranks to swell in 2013

The New York Times reports over 197 million people are out of work worldwide, and close to 40 million more have thrown in the towel and stopped looking for work altogether.

By Staff |January 22, 2013

1 min read