The Bank of Canada has increased the target overnight rate by 50 basis points to 3.75% as it continues its policy of quantitative tightening.

Investors have a lot of options when it comes to fixed-income securities. One investment in this asset class that is often overlooked and misunderstood is the strip bond.

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.

It’s September, which means one thing: the kids are back at school. If you are thinking about your loved-one's future and want them to have the option of pursuing post-secondary education, a Registered Education Savings Plan (RESP) enables you to save money for their education while deferring the tax.

The Bank of Canada (BOC) maintained its aggressive stance towards inflation as it raised interest rates by 75 basis points (bps). This is the fourth consecutive “outsized” hike, bringing its target overnight rate to 3.25%.

On Friday, August 26, the annual Jackson Hole Symposium was held in Wyoming. Each year the Federal Reserve-sponsored conference focuses on critical economic issues facing the world economy. This year, the focus was on Fed Chair Jerome Powell and the Federal Reserve's stance on using interest rates to battle inflation going forward. Comments made by the Fed not only pertain to the US, but many central bankers and finance ministers globally also look to the US for guidance

Canada’s inflation rate showed signs of slowing down, but we are not out of the woods just yet. The Consumer Price Index (CPI) for July increased 7.6% year-over-year, down from 8.1% in June. This was the first month-over-month disinflation since July 2021.

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%.