On July 24, the Bank of Canada (BoC) announced its second consecutive rate cut, reducing the overnight rate by 25 basis points from 4.75% to 4.5%.

On June 12, the Federal Reserve released an FOMC statement, in which it announced its intention to maintain interest rates within the 5.25% to 5.5% range.

The Federal Reserve has opted to maintain the Fed Funds rate target range at 5.25% to 5.5%.

The budget projects program spending to reach nearly $491 billion in the next fiscal year, along with the deficit set to reach $40 billion.

The Federal Reserve has opted to maintain the Fed Funds rate target range at 5.25% to 5.5%.

The Federal Reserve has opted to maintain the Fed Funds rate target range at 5.25% to 5.5%.

Inflation has at last dipped below 3%, a move that brings inflation within the Bank of Canada's established long-term target range of 1-3%. Despite this, the Bank of Canada has chosen to persist with its policy of quantitative tightening, maintaining the overnight rate at 5%, Bank Rate at 5¼% and the deposit rate at 5%.

The Federal Reserve has opted to maintain the federal funds rate's target range at 5.25% to 5.5%.

The Bank of Canada maintains its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%.

In its recent release, the Federal Reserve has decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent.

In a pivotal decision today, the Bank of Canada has maintained its overnight rate target at 5%, indicating a steady course amidst moderating inflation.

Federal Reserve's latest update: Economic activity rises in Q3 while inflation stays elevated. Interest rates remain steady at 5-1/4 to 5-1/2 percent. Insights on job gains, banking system health, and future monetary policy.

Explore the Bank of Canada's latest rate announcement where it maintains its policy rate and continues with quantitative tightening amid global economic slowdown. Uncover how these monetary measures interact with Canada's economic outlook and global financial dynamics.

Navigate the financial intricacies of divorce with our guide tailored for retail investors. Discover strategies for asset protection, reinvestment, and financial planning to ensure your investments thrive amidst life transitions. Consult with our experts at the Cash Management Group for personalized advice.

July figures revealed that Canada's GDP remained flat, falling short of economists’ expectations for a 0.1% expansion. The most significant setback came from the manufacturing sector, which contracted by 1.5%, its largest decline in over two years.

As September winds down, families nationwide relish their final moments at their cherished vacation homes. In this enlightening whitepaper, we address the five pivotal questions every family should contemplate when planning the succession of their secondary residence:

Today, the Federal Reserve has made a resolute decision: it will maintain current interest rates and refrain from any immediate rate hikes. This announcement underscores the Fed's dedication to fostering financial stability in the face of persistent inflation concerns.

In the latest report published September 19, 2023, Canada’s Consumer Price Index (CPI) for August rose by 4.0% year over year, following a 3.3% increase in July.

In its most recent rate announcement, the Bank of Canada opted to maintain its target for the overnight interest rate at 5%, while keeping the Bank Rate at 5¼% and the deposit rate at 5%. The bank is continuing its course of quantitative tightening, and insistent on restoring price stability in Canada.

Exchange-Traded Funds (ETFs) and mutual funds are two very popular investment vehicles that allow you to invest in a diversified portfolio of assets, without directly owning the underlying securities. While both aim to help investors achieve their financial goals, they have distinct characteristics that make them suitable for different investment strategies.