Monetary Policy – 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 19:04:26 +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 Monetary Policy – Advisor's Edge https://phoenix.advisor.ca 32 32 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

The post Federal Reserve minutes: Officials signal cautious approach to rates amid heightened uncertainty appeared first on Advisor's Edge.

]]> Wholesale inflation in U.S. rises 2.2% in September https://phoenix.advisor.ca/news/economic/wholesale-inflation-in-u-s-rises-2-2-in-september/ Wed, 11 Oct 2023 15:29:20 +0000 https://www.advisor.ca/?p=231631 Biggest year-over-year gain since April

The post Wholesale inflation in U.S. rises 2.2% in September appeared first on Advisor's Edge.

]]> 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

The post Rising long-term interest rates pose latest threat to soft landing for U.S. appeared first on Advisor's Edge.

]]> More evidence U.S. job market remains hot after openings rise unexpectedly in August https://phoenix.advisor.ca/news/economic/more-evidence-u-s-job-market-remains-hot-after-job-openings-rise-unexpectedly-in-august/ Tue, 03 Oct 2023 15:17:15 +0000 https://www.advisor.ca/?p=231435 American employers posted 9.6 million job openings in August, up from 8.9 million in July

The post More evidence U.S. job market remains hot after openings rise unexpectedly in August appeared first on Advisor's Edge.

]]> Frequent price increases by businesses contributing to sticky inflation: BoC official https://phoenix.advisor.ca/news/economic/frequent-price-increases-by-businesses-contributing-to-sticky-inflation-boc-official/ Tue, 03 Oct 2023 14:55:04 +0000 https://www.advisor.ca/?p=231426 Deputy governor says the bank is rethinking its assumptions about what drives inflation

The post Frequent price increases by businesses contributing to sticky inflation: BoC official appeared first on Advisor's Edge.

]]> Inflation drops to a two-year low in Europe https://phoenix.advisor.ca/news/economic/inflation-drops-to-a-two-year-low-in-europe/ Fri, 29 Sep 2023 16:47:34 +0000 https://www.advisor.ca/?p=231327 Annual rate pegged at 4.3% this month, a drop from 5.2% in August

The post Inflation drops to a two-year low in Europe appeared first on Advisor's Edge.

]]> 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

The post Canadian economy to get back on its feet next year: Deloitte Canada appeared first on Advisor's Edge.

]]> U.S. economy grew at 2.1% rate last quarter https://phoenix.advisor.ca/news/economic/u-s-economy-grew-at-2-1-rate-last-quarter/ Thu, 28 Sep 2023 18:36:27 +0000 https://www.advisor.ca/?p=231252 Surprising resilience continues amid tighter monetary policy

The post U.S. economy grew at 2.1% rate last quarter appeared first on Advisor's Edge.

]]> 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

The post Markets gird for higher-for-longer rates: Moody’s appeared first on Advisor's Edge.

]]> BoE joins Fed in keeping interest rates unchanged after inflation declines https://phoenix.advisor.ca/news/economic/boe-joins-fed-in-keeping-interest-rates-unchanged-after-inflation-declines/ Thu, 21 Sep 2023 15:26:43 +0000 https://www.advisor.ca/?p=230990 The U.K. central bank kept its interest rate unchanged at a 15-year high of 5.25%

The post BoE joins Fed in keeping interest rates unchanged after inflation declines appeared first on Advisor's Edge.

]]>