Did central banks get the inflation crisis right?
Policymakers are lowering rates and signalling new confidence that a ‘soft landing’ is possible. But few are ready to declare victory ...
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Average price of homes in Newmarket dips in August
While Ontario home prices stabilized in August, the average price of homes in Newmarket dipped last month, according to real ...
Grocery prices in decade-old Loblaws flyers will make you wish you could time travel
A Loblaws flyer from 2015 really puts into perspective just how much grocery prices have changed over the years.
TD Economics says the BoC must be ‘careful on over-correcting’
As the Bank of Canada’s rate-cutting cycle is underway, a new economic forecast says the central bank needs to be careful about over-correcting.
Fed's Waller: Weak inflation data cemented case for 50 basis point cut
U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest ...
Week Ahead for FX, Bonds: U.S. PCE Inflation Data, Australia Rate Decision
Hungary's central bank announces a rate decision on Tuesday. Analysts at UniCredit Research expect a 25 basis-point cut in Hungary's policy rate, from 6.75% currently, particularly given the central ...
Canada Retail Sales Climb 0.9% in July, Seen Up Again in August — 2nd Update
It comes after sales in July climbed 0.9% from the month before to a seasonally adjusted 66.38 billion Canadian dollars, the equivalent of about US$48.95 billion. That was strongest advance in 10 ...
AI Threatens to Complicate Inflation-Taming Tasks, Bank of Canada Gov. Macklem Says
Adoption of artificial intelligence could prompt firms to change prices more frequently to reflect economic conditions.
Pet Valu: Valuation On 2025 Estimates Look Reasonable
An analysis of Pet Valu stock, predicting a challenging 2024 but potential for rebound in 2025 pending Canadian economic data ...
Bank of Canada Gov: AI Investments Could Add Short-Term Inflationary Pressure
OTTAWA--Investments in productivity-enhancing artificial intelligence are boosting demand in the economy, and that could put upward pressure on inflation in the short term, Bank of Canada Gov. Tiff ...
Bank of Canada: AI could boost inflationary pressures in short-term
OTTAWA, Sept 20 (Reuters) - Bank of Canada Governor Tiff Macklem on Friday said adoption of artificial intelligence (AI) by ...
EconoTimes17h
America’s roundup: Dollar slips in choppy trading, Wall Street ends higher, Gold gains, Oil ends higher
Market Roundup US Continuing Jobless Claims 1,829K 1,850K forecast, 1,843K previous US Current Account (Q2) -266.8B -259.0B forecast, -241.0B previous US Initial Jobless Claims 219K 230K forecast, ...