Interest rate – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Thu, 05 Oct 2023 19:09:09 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png Interest rate – Advisor's Edge https://phoenix.advisor.ca 32 32 What higher-for-longer rates mean for investors https://phoenix.advisor.ca/investments/market-insights/what-higher-for-longer-rates-mean-for-investors/ Fri, 06 Oct 2023 16:00:58 +0000 https://www.advisor.ca/?p=231510 CIBC’s chief investment officer discusses bonds, equities and currencies

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]]> Why the U.S. job market has defied rising rates and expectations of high unemployment https://phoenix.advisor.ca/news/economic/why-the-u-s-job-market-has-defied-rising-rates-and-expectations-of-high-unemployment/ Mon, 25 Sep 2023 18:12:50 +0000 https://www.advisor.ca/?p=231103 The unemployment rate has scarcely budged since the Fed began a series of 11 rate hikes

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]]> Powell at Jackson Hole: Economy’s solid growth could dictate additional rate hikes https://phoenix.advisor.ca/news/economic/powell-at-jackson-hole-economys-solid-growth-could-require-additional-rate-hikes/ Fri, 25 Aug 2023 15:36:23 +0000 https://www.advisor.ca/?p=230112 Reiterates the central bank's determination to keep its benchmark rate elevated until inflation falls to 2% target

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]]> Are high rates affecting the market for books of business? https://phoenix.advisor.ca/my-practice/your-business/are-high-rates-affecting-the-market-for-books-of-business/ Wed, 09 Aug 2023 20:09:14 +0000 https://www.advisor.ca/?p=228877 Any impact of higher borrowing costs is subtle, as many factors can determine the value of a practice

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]]> BoC enters “tricky” stage as inflation may rise again https://phoenix.advisor.ca/news/economic/boc-enters-tricky-stage-as-inflation-may-rise-again/ Fri, 04 Aug 2023 19:00:49 +0000 https://www.advisor.ca/?p=229390 The last few hikes are more art than science, CIBC's chief economist says

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]]> Long-term forecast lower: ECB https://phoenix.advisor.ca/news/economic/long-term-forecast-lower-ecb/ Fri, 28 Jul 2023 19:24:06 +0000 https://www.advisor.ca/?p=229255 Core inflation calls revised higher, amid growth, wage pressures

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]]> This is why the BoC hasn’t backed off rate hikes https://phoenix.advisor.ca/news/economic/this-is-why-the-boc-hasnt-backed-off-rate-hikes/ Mon, 24 Jul 2023 14:35:23 +0000 https://www.advisor.ca/?p=229005 June's decline in inflation was praised by governor Tiff Macklem, but he's also warned the central bank is ready to raise interest rates further. Why?

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]]> Can the Fed pull off a soft landing? https://phoenix.advisor.ca/news/economic/can-the-fed-pull-off-a-soft-landing/ Mon, 24 Jul 2023 14:27:19 +0000 https://www.advisor.ca/?p=229001 Economists have been downgrading their probabilities of a U.S. recession

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]]> Annual mortgage debt growth slowest since 2011: StatsCan https://phoenix.advisor.ca/news/economic/annual-mortgage-debt-growth-slowest-since-2011-statscan/ Thu, 20 Jul 2023 17:50:20 +0000 https://www.advisor.ca/?p=228929 Personal borrowing surges but credit cards slow

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]]> Rising rates cause governments’ interest expenses to surge https://phoenix.advisor.ca/news/economic/rising-rates-cause-governments-interest-expenses-to-surge/ Thu, 20 Jul 2023 17:41:10 +0000 https://www.advisor.ca/?p=228926 A Fitch report shows steep increases in sovereign debt costs worldwide

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