Economy

Powell: Fed to keep rates higher for longer to cut inflation

A smaller December hike shouldn't be taken as a sign the Fed will let up on its inflation fight anytime soon

By Christopher Rugaber, The Associated Press |November 30, 2022

3 min read

Inflation in Europe eases but still in painful double digits

CPI in the 19 countries hit 10% in November, down from 10.6% in October for the first decrease since June 2021

By David Mchugh, The Associated Press |November 30, 2022

2 min read

Business optimism continues to slide: survey

Only 37% of respondents believed they would have more employees one year from now

By Maddie Johnson |November 30, 2022

2 min read

Canadian home prices expected to fall 3.3% in 2023: Re/Max report

Forecast decline nearly 12% in Toronto area, Halifax expected to gain 8%

By The Canadian Press |November 29, 2022

1 min read