Economy

BoC mindful of not overdoing rate hikes, summary of deliberations reveals

The bank decided that the cost of waiting too long to raise rates outweighed the benefits

By Nojoud Al Mallees, The Canadian Press |July 26, 2023

2 min read

Federal Reserve raises key rate for 11th time in drive to slow inflation

A key question is whether Wednesday's increase will be the Fed's last

By Christopher Rugaber, The Associated Press |July 26, 2023

4 min read

TD report presents “cautionary tale” of rapid increase in immigration

Boost to growth may be having unintended consequences on other parts of the economy and society

By James Langton |July 26, 2023

3 min read

IMF global economic outlook sees slight growth, but inflation still a drag

Chief economist says it's "too early to celebrate"

By Fatima Hussein, The Associated Press |July 25, 2023

2 min read