Rebecca Gooch, global head of insights at Deloitte Private, a division of the consultancy group, said, “With inflation showing signs of moderation, it is no longer the No. 1 worry for the wealthy. They are now more concerned about geopolitics (with wars in the Middle East and Ukraine) and global economic uncertainty.”
Breadcrumb Trail Links News Economy Balancing weaker economic growth but higher inflation, central bank may trim rate by 25 basis points to 2.75 per cent Published Mar 10, 2025 • 3 minute read Tiff Macklem, governor of the Bank of Canada, at the Hilton Mississauga Meadowvale, on Feb. 21, 2025. Photo by Peter J. Thompson/National […]
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Breadcrumb Trail Links News Economy Could raise again next month Author of the article: The Associated Press Christopher Rugaber Published Jun 14, 2023 • Last updated 14 minutes ago • 3 minute read Join the conversation U.S. Federal Reserve chair Jerome Powell. Photo by Anna Moneymaker/Getty Images Article content WASHINGTON — The United States Federal Reserve […]
Breadcrumb Trail Links Real Estate Mortgages Housing affordability near the worst it has been in more than 30 years A realtor’s sign outside a house for sale in Toronto. Photo by Chris Helgren/Reuters/File Photo Article content The housing market may be hearing up again, but most Canadians are still waiting on the sidelines for mortgage […]
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 […]
Breadcrumb Trail Links Executive Summary Executive Canadians are making a variety of spending changes to offset the impact of higher prices Shoppers pass by the Christmas tree at Eaton Centre mall in downtown Toronto. Photo by Chris Helgren/Reuters/File Photo Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission […]
Breadcrumb Trail Links News Investor ‘Someone will likely look into it, whether it’s innocent or not’ Author of the article: Bloomberg News Akayla Gardner and Jessica Menton Publishing date: Dec 14, 2022 • 6 minutes ago • 2 minute read Join the conversation U.S. President Joe Biden gives a press conference following the release of inflation […]