US Rate Hike
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U.S. inflation eases to 7.7% in October despite rise in energy pricesA drop in used car prices along with clothing and medical care costs helped to ease inflation.ConsumerNov 10, 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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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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