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

Fitch Ratings has downgraded the U.S. Sovereign Credit Rating to 'AA+' from 'AAA', citing fiscal deterioration, a growing debt burden, and erosion of governance.

Discover the Federal Reserve's unprecedented move as it raises interest rates to a 22-year high in response to a surge in the economy. Learn about the implications and reasons behind this decision to tackle inflationary concerns.

Facing persistent inflation and robust economic growth, the Bank of Canada takes decisive action, raising its key interest rate to 5%. Explore how this policy change aims to restore price stability and shape Canada's economic outlook for the coming years.

Explore our analysis of the Federal Reserve's June 14, 2023 decision to pause its rate-hiking campaign. Understand the implications of this pause, the Fed's future interest rate projections, and its revised economic growth and unemployment forecasts.

Get the latest updates on the Bank of Canada's recent interest rate increase and its ongoing quantitative tightening strategy. Learn how these changes reflect global economic conditions and their potential impact on Canada's robust economic growth.

In a bid to achieve economic stability and a 2% inflation target, the Federal Reserve has raised the key federal funds rate for the 10th consecutive time, reaching a 16-year high. Learn about the impact on the economy and the central bank's commitment to returning inflation to its target level.

British Columbia's credit rating was recently downgraded by S&P Global Ratings from AA+ to AA, largely due to the province's 2023 budget.

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 raised its benchmark interest rate today (March 22, 2023) by 25 basis points in response to growing concerns about elevated inflation and an overheating economy.

What we have done and what we are doing to provide assurances.

The central bank has decided to hold its key rate at 4.5% while reiterating it is taking a wait-and-see approach with respect to monetary policy.

“Inflation has eased somewhat but remains elevated” the Federal Open Market Committee relayed in a statement.

“Ongoing increases in the target range will be appropriate in order to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2 percent over time.”

The Federal Open Market Committee (FOMC) has announced a 75 basis point increase to the federal funds rate. The funds rate now sits at 3.75% to 4.00%.

A central bank is a financial institution that manages the production and distribution of money and credit for a state, or a group of states. Central banks oversee its state’s commercial banks and maintain a monopoly on the money supply of the state.

The Federal Reserve remains strongly committed to bringing down inflation in the United States to its 2% goal. Today (Wednesday), Fed Chair Jerome Powell announced a policy interest rate hike of 75 basis points.

The Federal Reserve increased its main policy rate by 0.75% for the second time in a row. This is the United States’ fourth rate hike of 2022, increasing the benchmark interest rate to a target range of 2.25% to 2.50%.