Economy

Rate hike prompted by higher risk of sticky inflation: BoC’s Beaudry

Stronger growth, tight labour market, and rise in inflation clinched the decision to raise key interest rate

By The Canadian Press |June 8, 2023

2 min read

Jobless rates remain rock bottom in April: OECD

Euro area, young workers see new lows for unemployment

By James Langton |June 8, 2023

1 min read

Europe’s economy shrank. For households that are hurting, it’s just numbers

The eurozone had a technical recession, with output dropping in Q4 2022 and Q1 2023

By David Mchugh, The Associated Press  and  Courtney Bonnell, The Associated Press |June 8, 2023

3 min read

Most economists say Fed is likely done, for now

SIFMA survey finds U.S. industry economists expect Federal Open Market Committee to hit pause

By James Langton |June 7, 2023

2 min read