One-third (32%) of Canadians are predicting that the Bank of Canada will begin to cut interest rates next week, while 42% are believe no cuts will be forthcoming. According to a survey of 1,500 Canadians conducted by Dye & Durham, two-thirds (65%) of Canadians...
The Bank of Canada is warning that homeowners and renters continue to struggle in adapting to the nation’s new normal of higher interest rates. According to Financial Post coverage, Bank of Canada Governor Tiff Macklen acknowledged the adjustment to higher interest...
Sweden’s central bank is diverging from the strategy advocated by its American counterpart by cutting interest rates. The Financial Times reported the Riksbank’s reduction of its main interest rate by 0.25 percentage points to 3.75% marked the first rate cut for...
To the surprise of no one, the Federal Reserve has opted to maintain interest rates at the current level. The central bank’s policymaking Federal Open Market Committee stated it would keep the target range for the federal funds rate at 5.25% to 5.5%, a 23-year high;...
Switzerland caught the world’s economic observers by surprise when its central bank opted to cut interest rates, a first for a major Western economic power. The Financial Times reported the Swiss National Bank cut its headline rate by 25 basis points to 1.5%. Thomas...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
