Economy

Home prices to drop 1% by Q4 2023: Royal LePage

Interest rates have hurt affordability but supply shortages will act as floor on prices

By The Canadian Press |December 13, 2022

1 min read

A slowdown in U.S. inflation eases some pressure on households

Wall Street welcomed the better-than-expected data as support for the Fed to slow rate hikes

By Christopher Rugaber, The Associated Press |December 13, 2022

4 min read

Bank of Canada governor warns geopolitical trends could make inflation fight harder

Russia's invasion of Ukraine was one of three main surprises this year, Macklem says in year-end speech

By The Canadian Press |December 12, 2022

2 min read

A diminished U.S. workforce could lead Fed to keep rates high

The Fed is expected Wednesday to raise its benchmark short-term rate for a seventh time this year

By Christopher Rugaber, The Associated Press |December 12, 2022

5 min read