When central bankers began raising interest rates in their fight with inflation, they were hoping that higher borrowing costs would encourage Canadians to cut …
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INTEREST RATES
National Bank economists question numbers used to calculate inflation
The latest report on inflation -- as measured by the Consumer Price Index or CPI -- showed things were improving from June to July as increases in the cost of …
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Interest rate increases already changing home ownership
We are now starting to get a handle on how home buyers and sellers are responding to rising interest and mortgage rates. The economists at RBC focus on …
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Interest Rates More Likely to Go Down than Up
The indicators are starting to point in the same direction: that interest rates are more likely to fall than to rise. That is something of a contradiction of …
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Household debt shrinking
For the past few years we’ve heard successive finance ministers and the Bank of Canada governor cautioning Canadians on the amount of debt they carry. They …
