Canadians today are carrying more debt than previous generations. Some debt is good debt. Other debt is bad. Then there is ugly debt.
Tags » Interest Rates
The Federal Reserve’s announcement last week that it was increasing the Federal Funds rate included a second statement regarding the Fed’s bond holdings. The Fed began buying Treasury and mortgage bonds after the Great Recession to lower long-term loan rates. 282 more words
It’s proving to be a real tug of war for Bank of Canada Governor Stephen Poloz.
On one hand, the economy has picked up much quicker than the bank anticipated, with retail sales results this morning just confirming continuing economic strength and the new wave of consumer confidence in Canada. 98 more words
Economic Update - Bank of England 'Rift' Grows, Steven Mnuchin Talks Up New 50 & 100 Year Bonds, more...
Last week the Bank of England only narrowly preserved interest rates at 0.25%, with three members of the seven strong committee voting for a rise. Chairman Mark Carney has since stated that ‘ 1,368 more words