How are mortgages keeping inflation high? – BNN Bloomberg
How are mortgages keeping inflation high? – BNN Bloomberg
— Read on www.bnnbloomberg.ca/how-are-mortgages-keeping-inflation-high-1.1945395
Higher rents, housing costs to hinder future success of large Canadian cities: Economists – BNN Bloomberg
Higher rents, housing costs to hinder future success of large Canadian cities: Economists – BNN Bloomberg
— Read on www.bnnbloomberg.ca/higher-rents-housing-costs-to-hinder-future-success-of-large-canadian-cities-economists-1.1945827
Bank of Canada delivers growth and security to retirement portfolios – BNN Bloomberg
Bank of Canada delivers growth and security to retirement portfolios – BNN Bloomberg
— Read on www.bnnbloomberg.ca/bank-of-canada-delivers-growth-and-security-to-retirement-portfolios-1.1945779
US budget deficit blows out 64% as the nation burns cash like a ‘drunken sailor’
The US budget deficit jumped to $2.3 trillion in the 12 months through June – that’s a 64% increase from fiscal year 2022 and more than twice as big as the shortfall at the start of the pandemic.
— Read on ca.finance.yahoo.com/news/us-budget-deficit-blows-64-211317347.html
Immigration likely has ‘neutral’ effect on inflation: Macklem
Ramped-up immigration can help ease the labour shortage but it also adds to demand for consumer products and housing.
— Read on ca.finance.yahoo.com/news/immigration-likely-has-neutral-effect-on-inflation-macklem-120300609.html
Are we done with rate hikes? Here’s what the Bank of Canada has to say – BNN Bloomberg
Are we done with rate hikes? Here’s what the Bank of Canada has to say – BNN Bloomberg
— Read on www.bnnbloomberg.ca/are-we-done-with-rate-hikes-here-s-what-the-bank-of-canada-has-to-say-1.1944768
What mortgage owners need to know about the Bank of Canada’s rate hike – BNN Bloomberg
What mortgage owners need to know about the Bank of Canada’s rate hike – BNN Bloomberg
— Read on www.bnnbloomberg.ca/what-mortgage-owners-need-to-know-about-the-bank-of-canada-s-rate-hike-1.1944875
Theo Argitis: Why the Bank of Canada is likely to err on the side of overdoing it in the fight against inflation
Indebted Canadians should continue to brace themselves
— Read on ca.finance.yahoo.com/news/theo-argitis-why-bank-canada-112819198.html
US weekly jobless claims unexpectedly fall
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, indicating that the labor market remains tight even as job growth is slowing. Initial claims for state unemployment benefits dropped 12,000 to a seasonally adjusted 237,000 for the week ended July 8, the Labor Department said on Thursday. The Federal Reserve’s “Beige Book” report on Wednesday described demand for labor as having “remained healthy” in June with pockets of worker shortages in health care, transportation and hospitality as well as high-skilled positions.
— Read on ca.finance.yahoo.com/news/us-weekly-jobless-claims-unexpectedly-124211744.html