Banks Raise Prime Rate to 3.20%Royal Bank of Canada and TD Bank were among the first big Canadian lenders to announce Wednesday that they were following the Bank of Canada […]
Author: Consultant
Kevin Carmichael: Brace for more big hikes because the Bank of Canada is far from finished
Kevin Carmichael: Brace for more big hikes because the Bank of Canada is far from finishedGovernor Tiff Macklem and his deputies raised the benchmark interest rate by half a percentage point on […]
Broad increase in U.S. producer prices underscores tough inflation battle for Federal Reserve
Broad increase in U.S. producer prices underscores tough inflation battle for Federal ReserveU.S. monthly producer prices increased by the most in more than 12 years in March amid strong demand […]
Remember the bet on rebounding airline stocks? It’s now worth another look
Remember the bet on rebounding airline stocks? It’s now worth another lookAirline stocks have been a disappointing bet over much of the past year: We are more or less free […]
Asia-Pacific stocks mixed as data shows China’s exports rose more than expected
Asia-Pacific stocks mixed as data shows China’s exports rose more than expectedAsia-Pacific stocks were mixed on Wednesday.U.S. consumer prices rose 8.5% in March as compared with a year ago, the […]
Before the Bell: April 13, 2022
APRIL 13: Before The BellEquitiesWall Street futures edged higher early Wednesday as investors continued to weigh the latest U.S. inflation figures and brace for the start of earnings season. Major […]
Bank of Canada is widely expected to raise its interest rate by 0.5% today. Here’s what that means for Canadians
The Bank of Canada is expected to announce its second interest rate hike of the year at Wednesday’s policy meeting, with economists predicting it will be the largest in two […]
Economic Calendar: What investors need to know for the week ahead
Economic Calendar Monday April 11China CPI, PPI, aggregate yuan financing, new yuan loans and money supplyJapan machine tool orders—Tuesday April 12China trade surplusJapan bank lendingGermany CPI(8:30 a.m. ET) U.S. CPI […]
OPEC cuts its 2022 world oil demand forecast due to impact of Russia’s invasion of Ukraine
OPEC cuts its 2022 world oil demand forecast due to impact of Russia’s invasion of UkraineOPEC on Tuesday cut its forecast for growth in world oil demand in 2022 citing […]