High interest rates are weighing on household credit conditions, which will have implications on spending, according to one chief economist.
NYC Mayor Adams Scores a Win in Fight Over Right-to-ShelterB.
7% at End of 2023Hong Kong’s Home Prices Drop in First Full Week After Property Curbs LiftedThere’s Now a Fake Santorini in Abu Dhabi to Lure Luxury TravelersSoaring Short Bets on Vanke Signal Investor Worries Over DebtChina Economy Likely Off to Muted Start as 5% GDP Goal in FocusBoeing Criminal Probe Widens With Seattle Grand Jury SubpoenaThe Mahomes’ Kansas City Women’s Soccer Team Is Getting Its Own StadiumSoftware Company HashiCorp Is Weighing a Potential SaleWall Street Doom Prophesy...
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High Inflation and Interest Rates: Indicators of Future Growth in Canada's Construction IndustryHigh inflation and interest rates have been challenging for Canada's construction industry. However, industry leaders should consider these temporary pain points as indicators of future growth. Regional differences in housing demand, changing consumer patterns, and diverse approaches to construction create unique and shifting needs in each community.
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Northern Ontario farmland values climbed in 2023Interest rates, lower commodity prices were a cooler in buyer interest
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Which will outperform in the year ahead: Bonds, GICs or high interest savings accounts?A roundup of investment ideas for active investors
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Ontario premier calls on Bank of Canada to start lowering interest ratesOntario Premier Doug Ford says the people “need a break” from high interest rates, a day before the Bank of Canada announcement.
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Bank of Canada expected to hold interest rates this weekThe Bank of Canada is expected to preach patience at its interest rate announcement this week as economists say weakening economic conditions are setting the stage for rate cuts in the coming months.
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Fed’s Bowman Reiterates That It’s Too Soon to Cut Interest RatesFederal Reserve Governor Michelle Bowman repeated her expectation that inflation will continue to decline further with interest rates held at their current level, but said it’s too soon to begin rate cuts.
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