interest rates – 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 Wed, 11 Oct 2023 19:58:01 +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 rates – Advisor's Edge https://phoenix.advisor.ca 32 32 Negative rating action rises for private borrowers https://phoenix.advisor.ca/news/economic/negative-rating-action-rises-for-private-borrowers/ Wed, 11 Oct 2023 19:58:01 +0000 https://www.advisor.ca/?p=231660 Defaults still low, but DBRS on guard for deteriorating financials

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]]> Federal Reserve minutes: Officials signal cautious approach to rates amid heightened uncertainty https://phoenix.advisor.ca/news/economic/federal-reserve-minutes-officials-signal-cautious-approach-to-rates-amid-heightened-uncertainty/ Wed, 11 Oct 2023 19:04:26 +0000 https://www.advisor.ca/?p=231642 The Fed may be able to avoid a rate hike at its next two-day meeting

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]]> Rising long-term interest rates pose latest threat to soft landing for U.S. https://phoenix.advisor.ca/news/economic/rising-long-term-interest-rates-pose-latest-threat-to-soft-landing-for-u-s/ Thu, 05 Oct 2023 16:42:15 +0000 https://www.advisor.ca/?p=231518 Higher borrowing costs could lead Federal Reserve to forgo another hike

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]]> Toronto home sales drop 7% in September, while Vancouver market more balanced https://phoenix.advisor.ca/investments/market-insights/toronto-home-sales-drop-7-in-september-while-vancouver-market-more-balanced/ Wed, 04 Oct 2023 19:51:52 +0000 https://www.advisor.ca/?p=231501 TD Economics expects declines in sales and prices into 2024 across most regions

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]]> Homeowners brace for mortgage payment shock amid higher-for-longer rate outlook https://phoenix.advisor.ca/news/economic/homeowners-brace-for-mortgage-payment-shock-amid-higher-for-longer-rate-outlook/ Mon, 02 Oct 2023 20:20:26 +0000 https://www.advisor.ca/?p=231393 Banks and other lenders have been stretching out amortizations to reduce monthly payments

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]]> Canadian economy to get back on its feet next year: Deloitte Canada https://phoenix.advisor.ca/news/economic/canadian-economy-to-get-back-on-its-feet-next-year-deloitte-canada/ Thu, 28 Sep 2023 18:50:26 +0000 https://www.advisor.ca/?p=231255 Recovery will pick up steam in the second half of 2024, the company forecast

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]]> Labour slack grows, but wage inflation persists https://phoenix.advisor.ca/news/economic/labour-slack-grows-but-wage-inflation-persists/ Thu, 28 Sep 2023 17:38:24 +0000 https://www.advisor.ca/?p=231244 Payroll employment flat, vacancies rise, StatsCan reports

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]]> U.S. consumer spending to cool sharply: Fitch https://phoenix.advisor.ca/news/economic/u-s-consumer-to-cool-sharply-fitch/ Wed, 27 Sep 2023 17:29:56 +0000 https://www.advisor.ca/?p=231200 Households to curtail spending amid softer labour markets, easing wage growth

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]]> Markets gird for higher-for-longer rates: Moody’s https://phoenix.advisor.ca/news/economic/markets-gird-for-higher-for-longer-rates-moodys/ Mon, 25 Sep 2023 19:11:54 +0000 https://www.advisor.ca/?p=231122 Central banks' next moves likely to be cautious, data-driven

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]]> Interest rates will stay high ‘as long as necessary,’ ECB leader says https://phoenix.advisor.ca/news/economic/interest-rates-will-stay-high-as-long-as-necessary-ecb-leader-says/ Mon, 25 Sep 2023 17:50:20 +0000 https://www.advisor.ca/?p=231097 The ECB this month raised its benchmark deposit rate to an all-time high of 4%

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