Breadcrumb Trail Links Investor Storing away cash for long periods is similar to voluntarily agreeing to lower your salary each year Over time, inflation can erode the purchasing power of your cash, meaning you’ll be able to buy less with it in the future than you can today. Photo by Brent Lewin/Bloomberg Article content Many […]
Article content Earlier this month a strong jobs report tilted the odds in favour of the central bank hiking its rate by another 25 basis points to 4.5 per cent. Article content RBC expects headline Consumer Price Index growth to slow to 6.4 per cent in December from 6.8 per cent in November. Inflation peaked […]
Breadcrumb Trail Links News Economy Opens the door for the Bank of Canada to pause in the new year Canadians learned the latest inflation figures Wednesday. Photo by Peter J. Thompson/National Post Article content Canada’s main gauge of cost pressures eased in November, suggesting the Bank of Canada’s relentless campaign of interest-rate increases is starting […]