Category : Search result: Federal Reserve interest rates


Sketch Released in Mitchell Park Indecent Act Probe

Ontario Provincial Police have released a composite sketch of a person of interest wanted in connection with an indecent act at Mitchell Lions Park. Investigators are seeking public assistance.

Loonie Jumps Above 72 Cents on Strong Jobs Report

The Canadian dollar soared above 72 cents U.S. after a surprisingly strong November jobs report, reinforcing expectations the Bank of Canada will hold rates. Discover the market impact.

Strong Jobs Data Pushes Bank of Canada Rate Cuts to 2026

Canada's surprisingly strong November jobs report, with 54,000 new positions, has economists predicting the end of rate cuts and flirting with the possibility of a hike in 2026. Discover the market implications.

Falling Rates Benefit Canadian Bank Balance Sheets

As interest rates fall, Canadian banks are experiencing a shift from term deposits to demand accounts, strengthening their financial position. Expert analysis reveals the impact on earnings.

Edmonton property taxes rise 6.9% after budget vote

Edmonton City Council approves a 6.9% property tax increase for 2026, funding Explore Edmonton. A motion for a steeper hike to quickly refill city reserves was defeated. Learn the details and implications for homeowners.

Top Trump Adviser's 19-Cent Turkey Claim Draws Mockery

White House economic adviser Kevin Hassett cited a 19-cent drop in turkey prices as proof of Trump's economic strength, drawing swift criticism online as broader data shows food inflation rising. Read the full story.

S&P 500 Dips, Crypto Rout Triggers Risk Aversion

Wall Street's rally stalled as a sharp cryptocurrency selloff and rising global bond yields prompted investor caution. Bitcoin tumbled 7%, while the S&P 500 briefly fell below 6,800. Read the full analysis.

Silver Hits Record High, Doubles in Value in 2025

Silver prices surged to a historic peak on December 1, doubling this year and outpacing gold's rally. Traders bet on tight supplies and potential Fed rate cuts. Discover the market drivers.

Trump Picks Fed Chair, Hassett Likely Choice

President Donald Trump confirms he has chosen his nominee for Federal Reserve chair, with top adviser Kevin Hassett the frontrunner to replace Jerome Powell and pursue rate cuts. Details on the selection and market impact.

Edmonton grapples with $52-million budget hole

Edmonton confronts a $52.3 million structural budget deficit, threatening its financial reserves and city services. Officials warn of potential service cuts and fee increases.

World Stocks Climb on Rate Cut Optimism

Global markets rally as investors anticipate lower interest rates following strong Wall Street performance. Key economic indicators fuel optimism for 2025 economic recovery.

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