Supply bottlenecks leave U.S. Fed watching for persistent inflation
By American standards, Canadian inflation looks pretty tame. But the picture painted by U.S. Federal Reserve chair Jerome Powell suggests we should expect price rises to continue…
Tag: <span>Federal Reserve</span>
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Record-high lumber prices add as much as $30K to the cost of building a house
As if Canada's housing sector wasn't already irrational enough, a pandemic-induced lumber shortage is pushing the price of building a home even higher. The cost of basic…
Trudeau government won’t say who got billions of dollars in aid
This story is part of The Big Spend, a CBC News investigation examining the unprecedented $240 billion the federal government handed out during the first eight months…
How long can interest rates stay low once a vaccine arrives?
Jubilation over the good news about a vaccine has taken markets by storm.Shortly after the news broke on Monday that the U.S. drugmaker Pfizer had a COVID-19…
Canadian economic decision-makers press pause for U.S. election outcome
With a pandemic, a minority government in Ottawa and a crumbling energy sector, the Canadian economy is already in a period of great uncertainty. This week's election…
Simple explanations for market ups and downs often prove unreliable: Don Pittis
At the beginning of last week, some Canadians managing their retirement nest eggs may have thought the market crash caused by the COVID-19 pandemic was pretty well…
The Federal Reserve just announced they would be buying an unlimited amount corporate bonds
The Federal Reserve just announced they would be buying an unlimited amount of junk and corporate bonds - here’s what this means for the stock market and…