Bank of Canada seen hiking rates quarter point to tame stubborn inflation

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Growth has remained resilient and the housing market has showed signs of picking up despite nine rate hikes totalling 450 basis points since March 2022

With earnings season around the corner, Academy Securities Head of Macro Strategy Peter Tchir joins Yahoo Finance Live to discuss what to expect and what earnings may show about the state of the economy. MONTREAL — Transat AT Inc. says it has sold a piece of land in Mexico to resort company Finest Resorts for US$38 million. The travel company says the sale is part of its plan to focus on its airline business as it tries to return to profitability after more than two years of losses.

This Tiny Emirate Wants to Be the Next Haven for BillionairesJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionChina Slides to Brink of Deflation, Adding Stimulus UrgLast week's bond market storm calmed somewhat on Monday, but the interest rate horizon now relies heavily on evidence of more disinflation given economic activity and the labor market are holding up so well. With Wednesday's U.S.

 

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