Economy

Fed may move to faster rate hike cycle, says analyst

Canada's economic calendar is light this week and earnings season is coming to a close. So all eyes will be on the Fed.

By Staff |March 13, 2017

2 min read

Fed hike all but sure after U.S. job growth of 235K

U.S. employers added a robust 235,000 jobs in February and raised pay at a healthy pace, making it all but certain that the Federal Reserve will raise short-term interest rates next week. Friday’s jobs report from the government made clear that the economy remains on solid footing nearly eight years after the Great Recession ended. […]

By Staff, with files from The Associated Press |March 10, 2017

3 min read

The BoC’s unofficial lower-loonie policy

The BoC will hold its benchmark interest rate at 0.5% through the year even as the Fed hikes rates more than once, a CIBC economist predicts. That’s because the BoC is intent on a weaker loonie to support exports, says Benjamin Tal, deputy chief economist of CIBC World Markets. In a speech at the Canadian […]

By Simon Doyle |March 9, 2017

3 min read

Currency winners and losers for 2017

What to expect for the loonie, greenback, and more.

By Katie Keir |March 7, 2017

2 min read