Economy

Bank of Canada hikes key interest rate by full percentage point to 2.5%

The central bank now forecasts that inflation will remain at 8% over the next few months

By The Canadian Press |July 13, 2022

3 min read

Conference Board cuts economic growth forecast for 2022 and 2023

The think tank says it's not expecting an economic contraction in Canada, but the risks are creeping up

By Staff, with files from The Canadian Press |July 12, 2022

1 min read

Canadian household budgets stretched thin as inflation, interest rates rise: Survey

Nearly half of respondents are reining in spending on travelling, dining out and entertainment

By The Canadian Press |July 11, 2022

2 min read

Fed’s Bullard: Solid U.S. economy can handle rising rates

Esther George of the Kansas City Fed sounded a more cautionary note in a speech Monday

By Christopher Rugaber, The Associated Press |July 11, 2022

4 min read