The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. The Bank expects the global economy to continue growing at a rate of about 3%, with inflation in most advanced […]
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Markets Tomorrow’s FOMC meeting has been somewhat overlooked recently. The US central bank started 2026 on the back of three consecutive 25 bps rate cuts as downside employment risks warranted pre-emptive action on the notion Read more…
Market Picture Crypto market capitalisation increased by a further 2.7% in the last 24 hours, reaching $2.54 trillion. At its peak earlier in the day, the market climbed to $2.58 trillion, its highest since early Read more…
Costco has shared that it raises gas prices more slowly than it raises them. Basically, Costco takes a lower margin on gas sales while prices are rising, but makes that up as they fall. Former Read more…