Slowing Inflation Primes G-7 Central Banks for June
Inflation-related releases across the Group of Seven will prime central bankers for crucial June interest-rate decisions, just as they meet in Italy to discuss the state of the world economy.
Latest Videos
The information you requested is not available at this time, please check back again soon.
Inflation-related releases across the Group of Seven will prime central bankers for crucial June interest-rate decisions, just as they meet in Italy to discuss the state of the world economy.
Big US bond investors have been aggressively shifting money into long-dated notes, betting that the unloved asset class will be one of the winners from eventual interest rate cuts.
A measure of underlying US inflation cooled in April for the first time in six months, a small step in the right direction for Federal Reserve officials looking to start cutting interest rates this year.
Emerging-market currencies dipped Friday on dwindling optimism over Federal Reserve rate cuts, paring their fourth-straight week of gains.
The owner of a historic office building in Manhattan’s Financial District has filed bankruptcy to sell the property, which has been subject to foreclosure and suffered from a lack of tenants due to the Covid-19 pandemic.
Aug 11, 2016
The Canadian Press
VANCOUVER - The British Columbia Real Estate Association says home sales have come off the boil in many regions of B.C., but for now, prices continue to soar.
The real estate association says the Multiple Listing Service recorded 9,900 residential units changed hands in July, a 3.4 per cent decline compared with 2015.
The association reports that costs have not immediately followed the trend.
It says the average residential price of a home on the Multiple Listing Service climbed 9.1 per cent last month compared with July 2015, reaching $663,411.
Total sales dollar volume was also up 5.4 per cent over the same period to $6.57 billion.
But association chief economist Cameron Muir says the record-setting pace of sales is finally moderating and he believes price relief is also in sight.