The decreases seen so far have been offset by a rapid string of hikes to the Bank of Canada’s key interest rate, which sits at 4.25 per cent — the highest it’s been since January 2008. Allison Van Rooijen, vice-president of consumer credit at Meridian Credit Union,...
Recently, interest rates in Canada have had a large impact on the forecast of the Canadian dollar. US interest rates also matter. Essentially, it is the interest rate differential (between Canadian interest rates and US interest rates) that impacts the Canadian dollar. If Canadian interest rates...
The economy and stock market may face challenges at the beginning of the year but expect reasonable returns when the stock market bounces back when President Biden’s approval rate goes up in June. The United States could still suffer a mild recession in the Fall, but it would be short-live...
Bank stocks bottom, thanks to the scare in Europe. Once over, it allows bank stocks to return to a more appropriate market value. Though growth will still be lacking in all but the regional banks. Shipping stocks are a buy. An overabundance of ships and ship orders has kept shipping rate...
(BOE) trying to wrestle down an inflation rate of 9.9% (the highest in the G7) by hiking interest rates. At the same time as the U.K. gilt market was collapsing, the pound sterling went into a nosedive, falling at one point close to par with the U.S. dollar. The pound has ...
s economy will still struggle including the property sector and Covid lockdowns in rural areas, even as numbers fall from the peak. China’s central bank will ease monetary policy to support the economy be lowering interest rates on existing loans to help some indebted firms. Ordinary citizens...
1. mRNA inoculants for many human ailments become the new cocaine, to the highest bidder of course 2. Ring of Fire developments both in Canada and in the South China sea 3. A modern Silk Road expansion both economic and military – wise from the East ...
Of course, that spotlight has been effectively usurped by one Mercedes Kaestner-Varnado. The Boss, the Statement Maker, Ms. Mone’, the Bank Mone’, the proprietress of Soulnado, Inc. One has to feel for Nakano. I asked noted women’s wrestling expert andJoshi NostradamusVelkej Bracha, and...
A central bank stock boom in Asia that's reached its highest level in 25 yearsWorld capital of blockchain is now rising in the Middle East "I do think that impact investing is not that effective. Shares go from investor A to investor B, and the company doesn't even know it. It's ...
of Southern Europe, and the death toll from wildfires in California was the highest since 1933. Unfortunately, these natural disasters were not anomalous. The rate of natural disasters worldwide has more than quadrupled since 1970 to around 400 per year. The World Bank estimates that each year,...