Economy

Canadians aim for financial independence amid market volatility: RBC poll
March 20, 2025 08:21 AM AEDT| By InvestingInvesting.com -- Canadians are increasingly turning to investments to achieve financial independence, although concerns about market volatility persist, according to the annual RBC (TSX:RY) Financial

WATCH LIVE: Fed Chair Powell speaks after decision to hold interest rates steady
March 20, 2025 06:25 AM AEDT| By InvestingThe Federal Open Market Committee (FOMC) maintained its benchmark interest rate in the 4.25%-4.5% range, unchanged. Alongside the decision, the Fed revised its economic outlook, lowering its growth pr

Canada's population growth slows, non-permanent residents decline in Q4 2024
March 20, 2025 02:17 AM AEDT| By InvestingInvesting.com -- Canada's population growth slowed in the fourth quarter of 2024, according to a report from Statistics Canada. The country's population reached 41,528,680 people on January 1, 2025, m

BofA: Bank of Canada expected to lower rates in April, despite inflation rise
March 20, 2025 12:57 AM AEDT| By InvestingInvesting.com -- The Bank of Canada (BoC) is likely to reduce its rates in April, according to BofA Securities economist Carlos Capistran. This prediction comes despite the fact that Canada's CPI risi

Canadian markets more impacted by tariffs than election, says Capital Economics
March 19, 2025 12:59 AM AEDT| By InvestingInvesting.com -- A recent report by Capital Economics has stated that tariffs are more impactful for Canadian markets than the upcoming election. The report suggests that the outlook for Canadian fina

Number of immigrants not receiving visas or green cards fell in Jan, Feb: GS
March 19, 2025 12:35 AM AEDT| By InvestingInvesting.com -- Goldman Sachs analysts said in a note Tuesday that tightened U.S. immigration policies in early 2025 have led to a sharp drop in the annualized pace of inflows for immigrants not rece

Canada's CPI jumps 2.6% in February, surpassing estimates of 2.1%
March 19, 2025 12:29 AM AEDT| By InvestingInvesting.com -- Tuesday's report from Statistics Canada revealed that the Consumer Price Index (CPI) rose by 2.6% in February 2025, marking a significant increase from the 1.9% rise in January. This

U.S. gas prices fall below $3/gallon nationwide
March 18, 2025 06:47 AM AEDT| By InvestingInvesting.com -- The price of gasoline in the U.S. has fallen for four straight weeks. Most U.S. states now have gas below $3 per gallon, the White House highlighted Monday.

U.S. egg prices halve since January peak, White House notes
March 18, 2025 04:01 AM AEDT| By InvestingInvesting.com -- On Monday, the White House drew attention to a significant drop in egg prices across the United States, as reported by the USDA Daily National Shell (LON:SHEL) Egg Index Report. Data

Builder sentiment dips amid cost concerns, regulatory relief in sight
March 18, 2025 02:23 AM AEDT| By InvestingInvesting.com -- Builder confidence in the U.S. market for newly constructed single-family homes dropped to its lowest level in seven months, according to the National Association of Home Builders (NA

Canadian home sales drop amid trade war uncertainties
March 18, 2025 01:37 AM AEDT| By InvestingInvesting.com -- The Canadian Real Estate Association (CREA) reported today a significant fall in home sales from January to February 2025. The decline comes as home buyers remain cautious due to the

Goldman sees double trouble for U.S. exceptionalism
March 17, 2025 10:51 PM AEDT| By InvestingInvesting.com -- Goldman Sachs analysts warned of two major shifts in global markets that are challenging the long-standing narrative of U.S. exceptionalism.

Trade war prompts OECD to slash U.S. and global economic forecasts
March 17, 2025 10:19 PM AEDT| By InvestingInvesting.com -- The OECD has lowered its global and U.S. economic growth forecasts, citing "higher trade barriers in several G20 economies and increased geopolitical and policy uncertainty" as key ri

How should the Fed respond to an economy in transition? Strategist answers
March 15, 2025 08:47 PM AEDT| By InvestingInvesting.com -- The Federal Reserve faces a complex challenge as it navigates an economy in "transition," with markets increasingly pricing in a more dovish policy stance, according to Deutsche Bank

Musk's Tesla, SpaceX lobby US government on Trump tariffs
March 15, 2025 08:53 AM AEDT| By InvestingInvesting.com -- Elon Musk's Tesla (NASDAQ:TSLA) and SpaceX filed letters encouraging the U.S. Trade Representative to consider the impact of the Trump administration tariffs.

Recession or boom? Morgan Stanley sees economy stuck in neutral
March 15, 2025 08:53 AM AEDT| By InvestingInvesting.com -- Real-time U.S. economic estimates are split on whether a recession or boom is on the horizon, but Morgan Stanley (NYSE:MS) believes the economy is likely stuck in neutral.

DOGE cuts appear to be weighing on spending in DC: BofA
March 14, 2025 02:39 AM AEDT| By InvestingInvesting.com -- Bank of America analysts said in a note Thursday that “DOGE cuts appear to be weighing on spending in DC” based on February BAC card data.

BofA expects further BoC rate cuts amid US trade tensions
March 14, 2025 01:41 AM AEDT| By InvestingInvesting.com -- On Thursday, BofA Securities released a report analyzing the economic situation in Canada following the Bank of Canada's (BoC) recent policy rate cut. The BoC reduced its rate by 25 b

BCA sees Canada interest rates hitting 2%, CAD stabilizing
March 14, 2025 01:29 AM AEDT| By InvestingInvesting.com -- On Thursday, BCA Research strategist Chester Ntonifor offered a report outlining expectations for the Canadian economy, including a forecast that the Bank of Canada (BoC) is likely to

Ontario suspends 25% tariff hike on power exports to US after 'productive' talks
March 12, 2025 07:55 PM AEDT| By InvestingInvesting.com - The Canadian province of Ontario on Tuesday said it would suspend its 25% hike on electricity exports to the United States after the two countries agreed to meet later this week to dis

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