Interest Rate
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Canada’s housing market is in ‘new normal.’ It looks like the ‘old normal’As the Bank of Canada held interest rates for the third time, economists and real estate experts say the market may not need another rate cut for it to improve.CanadaAug 2
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Thailand, Cambodia agree to ‘unconditional’ ceasefire, Malaysia PM saysMalaysia's prime minister says both sides have reached a common understanding to take steps to return to normalcy following what he called frank discussions.EconomyJul 28
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U.S. Fed holds key interest rate steady, but still foresees future cutsOfficials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March.ConsumerJun 18
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U.S. Fed chief says tariffs, inflation fears mean rate cuts can waitThe sharp volatility in financial markets since President Donald Trump announced sweeping tariffs April 2, only to put most on hold, led to questions on potential rate cuts.U.S. NewsApr 16
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U.S. Fed signals caution on rate cuts as Trump tariffs raise inflation fearU.S. Federal Reserve policymakers signalled caution on the potential for interest rate cuts amid concerns President Donald Trump's tariffs could boost inflation.U.S. NewsApr 9
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U.S. interest rates likely paused amid economic uncertainty: PowellMost economists say that Trump's plans to slap tariffs on a wide array of imports, including tariffs on Canada and Mexico, will push up prices and slow growth.U.S. NewsMar 7
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Bank of England slashes growth hopes for British economy in 2025The Bank of England lowered its main interest rate by a quarter of a percentage point to 4.50 per cent, taking it to its lowest level since mid-2023.EconomyFeb 7
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Fixed mortgage rates see some easing amid Trump tariff threats. Here’s whyMortgage experts see some fixed rate options trending lower ahead of the spring housing market. Here's how uncertainty over tariffs is affecting the landscape.MoneyFeb 5
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Canada saw 375 insolvencies per day in 2024, a 15-year highThe CAIRP says that businesses and consumers should expect continued pressure in 2025 amid potential tariffs and mortgage renewals.EconomyFeb 5
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Bank of Canada cuts key rate with ‘trade war storm’ on horizonThe quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.MoneyJan 29
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