Interest Rates
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U.S. Fed says it won’t cut rates until it has ‘greater confidence’ on inflationThe Fed emphasized inflation has remained high in recent months and said it doesn’t plan to cut rates until it has “greater confidence” price increases are slowing sustainably.EconomyMay 1
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EV sales in Canada rose in recent years despite higher interest rates. Why?Electric vehicle registrations rose in recent years despite interest rates also rising. Experts caution Canada's transition to EVs could still be challenging.CanadaApr 24
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What is a halal mortgage? How interest-free home financing works in CanadaAs part of the 2024 federal budget released last week, Ottawa said it is 'exploring new measures to expand access to alternative financing products, like halal mortgages.'MoneyApr 23
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Canada’s income gap is growing. Will Budget 2024 help affordability?The 2024 budget tabled by Finance Minister Chrystia Freeland Tuesday promised to put money back into Canadians’ wallets. So what will that look like?CanadaApr 18
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Annual home prices predicted to rise nearly 10% by end of year: Royal LePageRoyal LePage is predicting that annual home prices will rise nine per cent by the end of the year in an updated housing market forecast.CanadaApr 12
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Canadian consumers and businesses pin hopes on lower interest rates: BoCCanadian consumers and businesses are slightly more optimistic about the future, Bank of Canada surveys show, though both groups are dealing with high interest rates and inflation.CanadaApr 1
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Experts optimistic in 2024 Lethbridge housing outlook"So, should you buy now? If you wait six months or a year, sure, rates might be better,” mortgage broker Rob Bain said. “But what are the prices going to be at that time?"CanadaMar 25
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After February’s inflation report, economists are firming up their rate cut betsThe annual rate of inflation cooled to 2.8 per cent in February despite rising gas prices, thanks in part to cooling at the grocery store, StatCan said.CanadaMar 19
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Return to 2% inflation rate could be a bumpy one. Here’s whyEconomists say inflation likely flared up again in February amid higher gasoline prices, reinforcing the expectation that the journey back to 2% inflation will be a bumpy one.EconomyMar 18
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U.S. rate cuts likely, but Fed’s Powell points to economic data as decision makerU.S. Federal Reserve Chair Jerome Powell said while interest rate cuts were likely later in 2024, upcoming decisions on when and how fast would be based solely on economic data.EconomyMar 6
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