Avery Shenfeld

That marks the lowest rate in at least two decades and comes even as the local economy's job-creation engine stalled last month.
The U.S. bank authority announced the Wednesday move will shift the country's benchmark rate to a range between 1.5 per cent and 1.75 per cent as it tries to tame soaring inflation.
Bank's latest Business Outlook Survey found that more than two-thirds of businesses anticipate inflation will be above three per cent, on average, over the next two years.
National unemployment numbers out today are just a hint at what is becoming a red-hot job market.