US Fed
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U.S. Fed leaves key rate unchanged – but signals future hikes this yearThe Federal Reserve kept interest rates unchanged on Wednesday but signaled that borrowing costs will likely rise by another half of a percentage point by the end of this year.U.S. NewsJun 14, 2023
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‘Strange market’: U.S. home sales continue to slow while average price risesAs sales slowed for the tenth consecutive month, the combination of higher mortgage rates and rising prices continues to keep many first-time buyers on the sidelines.U.S. NewsDec 21, 2022
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U.S. Fed hikes interest rates by 75 basis points in bid to tame inflationThe Fed's move will raise its key rate, which affects many consumer and business loans, to a range of 2.25 per cent to 2.5 per cent, its highest level since 2018.EconomyJul 27, 2022
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U.S. Federal Reserve joins Canada in hiking interest rates 50 basis pointsThe U.S. Federal Reserve on Wednesday joined other central banks in the world, including the Bank of Canada, in aggressively hiking interest rates to tamp down inflation.EconomyMay 4, 2022
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U.S. hikes interest rates for 4th time this yearThe decision to raise borrowing costs again is likely to anger U.S. President Donald Trump, who has repeatedly attacked the central bank's tightening this year as damaging to the economy.EconomyDec 19, 2018
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Trump’s stimulus plans could prompt US to rapidly hike interest ratesFed officials discussed increasing rate hikes to fight inflation due to Donald Trump's proposed economic program of tax cuts, deregulation and increased infrastructure spending.MoneyJan 4, 2017
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Canadian dollar falls from 8-week high after US raises interest ratesThe Canadian dollar tumbled from an eight-week high against its U.S. counterpart on Wednesday, pressured by lower oil prices and broader gains for the greenback after the Federal Reserve raised U.S. interest rates for the first time in a year.CanadaDec 14, 2016
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How a US interest rate hike affects Canadians, oil and the loonieFrom loonie fluctuations to higher mortgage rates, a look at how the rate hike south of the border could be felt in Canada.CanadaDec 14, 2016
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Loonie little changed following plungeThe loonie slipped to 88.69 cents US after tumbling almost a full cent a day earlier to its first close below 89 cents US since mid-2009.MoneyMar 20, 2014
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Loonie lower amid emerging market worriesThe Canadian dollar moved higher Wednesday as traders awaited a mid-afternoon announcement by the U.S. Federal Reserve.MoneyJan 29, 2014
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