U.S. Federal Reserve

BoC expected to hold interest rate next week, one year after aggressive cycle began

One year after the Bank of Canada’s aggressive rate hike cycle began, economists widely expect the central bank will stick to its plan of holding

What tech layoffs, temporary foreign workers and boomers mean for the labour force

Techopia, Canada & World

Neither layoffs hitting tech companies nor a shortage of workers seem to be weighing heavily on the country’s jobs numbers.

BoC expected to raise interest rate for fifth time at pivotal moment for economy

Canada & World

Inflation appears to have peaked, but it’s still running hot, and a supersized rate hike from the Bank of Canada next week is widely expected.

Canada headed towards ‘moderate’ recession in 2023: RBC economists

Canada & World

Canada is headed towards a recession in 2023, but it will be short-lived and not as severe as prior downturns, according to a new report

Inflation skyrockets to highest level in nearly 40 years as gas prices soar

Canada & World

The agency said its consumer price index in May rose 7.7 per cent compared with a year ago, its largest increase since January 1983 when

More pay boosts possible this year amid tight labour market, inflation: experts

Canada & World

The combination of a fiercely competitive job market and the still-rising cost of living will likely lead to more companies boosting employee pay this year, experts say.

US inflation hit 8.3% last month but slows from 40-year high

Canada & World

Inflation slowed in April after seven months of relentless gains, a tentative sign that price increases may be peaking while still imposing a financial strain