As it does once each quarter, the Federal Reserve will deliver a triple-dose of news Thursday afternoon—a policy statement, economic forecasts and a news conference by chair Janet Yellen. But all eyes will be on one question:Is the Fed raising interest rates from record lows?
The OECD has lowered its estimate for Canada’s economic growth this year to 1.1%—down 0.4 of a percentage point—as weakened conditions in recent months affect many countries around the world.
Will they or won’t they? Nine years after they last raised their benchmark interest rate and after months of feverish speculation, Federal Reserve policymakers this week may finally raise that rate from a record low near zero. Unless they don’t.
The federal government posted a surprise $1.9-billion surplus in 2014-2015, which brings the country’s books back into balance a year earlier than expected.
The Bank of Canada is keeping its key interest rate on hold at 0.5% and says the resource sector continues to adjust to lower prices for oil and other commodities.
The R-word. Two consecutive quarters of negative growth mean Canada is in recession. What does that mean for client portfolios?
Canada’s economy recoiled for the second-straight quarter of 2015, knocking the country backwards into a technical definition of recession, Statistics Canada data reveals Tuesday.
Economists say data out this week is likely to show that Canada slipped into a technical recession in the second quarter, but the contraction should be short-lived.
The New York Fed’s president has cast doubt over whether the U.S. will raise rates in September.
Canada isn't in a recession, says the C.D. Howe Institute’s Business Cycle Council.