15 h. ago U.S. interest rates holding steady as Fed warns of heightened ‘risks’

The U.S. Federal Reserve opted to keep interest rates unchanged in its latest monetary policy meeting, highlighting rising risk to employment and inflation amid the trade war

Other

15 h. ago U.S. Fed holds rates on higher risks of inflation, unemployment

The Fed kept its rate at 4.3% for the third straight meeting

Economics

21 h. ago U.S. Federal Reserve likely to hold rates as pressures mount

While uncertainty is unusually high, monetary policy is still in a good place to balance their goals

Other

21 h. ago Wall Street could open with gains as U.S. Fed set to hold interest rates

Some companies say they’re already seeing impacts to their business from the uncertainty created by tariffs, causing them to revise or pull their guidance.

Other

1 week ago Russia Set to Hold Rate as Trade Turmoil Clouds Path for Economy

Russia’s central bank is set to hold interest rates at an all-time high as global trade tensions compound risks for the war economy even amid signs that inflation is easing.

Economics

1 week ago Here's when Canadians can cash in on the next government payouts in May

Eligible Canadians can expect money from the government this month through various Government of Canada benefits and credits.According to Statistics Canada, the country's inflation rate rose to 2.3 per cent in March, slightly lower than the 2.6 per cent increase seen in February.Despite a slightly lower inflation rate, life in Canada remains expensive, and unemployment is rising.In March, the cost of housing increased by 3.9 per cent, while transportation costs rose by 1.2 per cent. Food purchased from stores continues to become more expensive, with prices increasing by 3.2 per cent.As the cost of living remains high, it's worth checking to see which government benefits you may qualify for. Ensure that your direct deposit is enabled, as you look forward to the following benefits, if you meet the criteria:Canada Child Benefit (CCB) — May 20Eligible families in Canada can expect their monthly Canada Child Benefit (CCB) payment on May 20. In July 2024, with the ...

Politics

4 w. ago Kenya Cuts Key Rate by More Than Expected Amid Tariff Worries

Kenya’s central bank cut its benchmark interest rate for the fifth time in a row, slashing the rate by more than expected amid heightened geopolitical risks from US President Donald Trump’s reciprocal tariffs.

Economics