Economy

Average long-term U.S. mortgage rate falls to 7.29% Average long-term U.S. mortgage rate falls to 7.29%

Economic Indicators

Average long-term U.S. mortgage rate falls to 7.29%

Fourth straight weekly drop for the rate, which a year ago averaged 6.58%

By Alex Veiga, The Associated Press |November 22, 2023

2 min read

Financial system still fragile, ECB warns Fallback Image Decorative pattern

Economic Indicators

Financial system still fragile, ECB warns

Effects of high rates to weigh further on economy, financial sector

By James Langton |November 22, 2023

2 min read

Half-hearted fight against inflation would be `huge mistake,’ Macklem warns Fallback Image Decorative pattern

Policy

Half-hearted fight against inflation would be `huge mistake,’ Macklem warns

Bank of Canada governor makes remarks day after new inflation numbers show Canada's inflation rate fell to 3.1% in October

By Nojoud Al Mallees, The Canadian Press |November 22, 2023

3 min read

Sign of labour-market resiliency, U.S. unemployment claims drop Sign of labour-market resiliency, U.S. unemployment claims drop

Economic Indicators

Sign of labour-market resiliency, U.S. unemployment claims drop

Jobless claims -- seen as a proxy for layoffs -- dropped by 24,000 to 209,000

By Paul Wiseman, The Associated Press |November 22, 2023

2 min read

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