The London-based research firm says oil would need to settle above US$100 per barrel for central banks to hike rates.
Billionaire super-investor Warren Buffett has shared plenty of financial wisdom over his almost 70-year career. On the subject of retirement, he famously said, "If you don't find a way to make money...We compiled 9 expert predictions for when the Federal Reserve's first interest-rate cut will come and bring relief to prospective homebuyers.The Canadian dollar strengthened to a one-month high against its U.S.
In its retail line, the bank's provisions for credit losseNEW YORK — It’s been a central argument for the United Auto Workers union: If Detroit's three automakers raised CEO pay by 40% over the past four years, workers should get similar raises. UAW President Shawn Fain has repeatedly cited the figure, contrasting it with the 6% pay raises autoworkers have received since their last contract in 2019.
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Posthaste: Why the Bank of Canada pause won't save the housing market this timeBank of Canada interest rate pause is not likely to revive Canada\u0027s housing market like it did in the spring, economists say. Find out more
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Canada's inflation rate jumps to 4%, making the BoC's next rate decision harderOTTAWA — Canada's inflation rate jumped to four per cent last month, as economists warn the latest consumer price index report spells bad news for the Bank of Canada.
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