Economy

Powell: Fed aiming to avoid recession amid inflation fight

It’s ‘absolutely essential’ to ‘restore price stability,’ Fed chair tells lawmakers

By Christopher Rugaber, The Associated Press |June 22, 2022

4 min read

Energy stocks give Canadian market its edge in 2022

Canada outperforms U.S. as recent market trends reverse, Morningstar says

By James Langton |June 22, 2022

2 min read

U.S. loan default forecast for 2023 rises

2024 default rate could rise to 2% or more, warns Fitch Ratings

By James Langton |June 22, 2022

1 min read

Canadian inflation now at highest since ’83

We’re ‘not expecting much of a reprieve,’ TD warns as inflation nearly hits 40-year high

By Craig Wong, The Canadian Press |June 22, 2022

3 min read