Economists

Bank of Canada expected to push interest rates into restrictive territory

The Bank of Canada is widely expected to deliver yet another oversized interest rate hike next week, lifting its policy…

3 years ago

Analysis: Democrats score big wins on climate, drugs with $430 billion U.S. Senate bill

Democrats scored a major policy victory when the U.S. Senate passed a $430 billion climate change, healthcare and tax bill…

3 years ago

‘Recession is in the air’: German economy stagnates in 2nd quarter

The German economy stagnated in the second quarter, data showed on Friday, with the war in Ukraine, the pandemic and…

3 years ago

ECB to join rate hike club with big move under discussion

The European Central Bank will raise interest rates for the first time in 11 years on Thursday with a bigger-than-flagged…

3 years ago

Global equity funds post third weekly outflow on slowdown fears

Global equity funds faced a third straight week of outflows in the week to July 12 on concerns over the…

3 years ago

Mortgage News: Interest rates are on the rise!

Mortgage interest rates are rapidly rising, which is affecting loan demand, particularly refinances. Total mortgage application volume fell 8.1 %…

4 years ago

Analysis: Climate goals take second place as EU states cut petrol prices

A growing number of European countries are cutting fuel taxes to lower surging pump petrol prices. The move brings respite…

4 years ago

Bank of England raises rates to 0.75%, less sure about future moves

The Bank of England raised interest rates on Thursday for a third meeting running, as expected, but softened its language…

4 years ago

Stocks rally, seizing on Ukraine de-escalation signs

World stocks crept higher on Wednesday for the second day in a row, while safe-haven assets such as government bonds…

4 years ago

Omicron restrains U.S. manufacturing; supply bottlenecks slowly easing

A measure of U.S. manufacturing activity fell to a 14-month low in January amid an outbreak of COVID-19 cases, supporting…

4 years ago