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Fed sees rate hike 'soon,' according to FOMC minutes, with market predicting 80% chance of June increase

The latest FOMC minutes signal that most Fed officials see tightening warranted “soon” and back a plan to gradually shrink the Fed’s US$4.5 trillion balance sheet. 303 more words

Economy

Holding like a hawk: Top takeaways from the Bank of Canada rate decision today

The Bank of Canada kept its benchmark interest rate unchanged at 0.5 per cent in a rate decision Wednesday in Ottawa.

Policy makers led by Governor Stephen Poloz gave a nod to improving economic data and added new language stating “the current degree of monetary stimulus is appropriate at present.” 365 more words

Economy

New detached homes now selling for $1.8 million as Toronto market shows no signs of cooling

Housing prices continue to rise in the new home market in the Greater Toronto Area, despite provincial measures to cool the real estate sector, according to new data from the Building Industry and Land Development Association. 499 more words

Breaking

Bank of Canada holds rate at 0.5 per cent: Read the official Statement

Bank of Canada maintains overnight rate target at 1/2 per cent

The Bank of Canada is maintaining its target for the overnight rate at 1/2 per cent. 288 more words

Economy

Bank of Canada holds rate at 0.5%, warning uncertainty still clouds economy’s outlook

OTTAWA — The Bank of Canada is sticking with its trendsetting interest rate of 0.5 per cent, saying uncertainties continue to overshadow the economy’s stronger-than-expected start to the year. 359 more words

Economy

Ontario will spend $45 billion to save ratepayers $24 billion on their electricity bills, watchdog says

TORONTO — Ontario’s budget watchdog says the Liberal government will spend $45 billion over the life of its hydro plan to save people $24 billion on their electricity bills. 387 more words

Breaking

Bitcoin Exchange & Bitcoin Wallet !

Creating & managing Bitcoin Wallet:

Bitcoin – digital currency is obvious that people needs to be more safe when thinking of bitcoin wallets. bitcoin – the digital gold  is essential that they have to be stored in a most secured places which is free of attackers or hackers. 119 more words

Bitcoin Exchange Script