Economy

Fed’s Powell downplays potential for a rate hike despite higher price pressures Fed’s Powell downplays potential for a rate hike despite higher price pressures

Economic Indicators

Fed’s Powell downplays potential for a rate hike despite higher price pressures

During a panel discussion, Powell said his confidence that inflation will ease "is not as high as it was"

By Christopher Rugaber, The Associated Press |May 14, 2024

3 min read

Wholesale sales down 1.1% in March: StatsCan Wholesale sales down 1.1% in March: StatsCan

Economic Indicators

Wholesale sales down 1.1% in March: StatsCan

The agency says the overall decline came as sales were down in three of the seven subsectors it tracks

By The Canadian Press |May 14, 2024

1 min read

U.S. credit metrics deteriorate in Q1: DBRS U.S. credit metrics deteriorate in Q1: DBRS

Economic Indicators

U.S. credit metrics deteriorate in Q1: DBRS

Rate environment remains the key downside risk to credit card sector's outlook

By James Langton |May 13, 2024

2 min read

Housing is a tale of two markets Housing is a tale of two markets

Economic Indicators

Housing is a tale of two markets

Demand for detached homes versus condos diverges ahead of interest rate cuts, economist says

By Maddie Johnson |May 13, 2024

2 min read

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