Bank of Canada Gov. Tiff Macklem says the 1 per cent rate hike reflects 'very unusual circumstances' but needed to be done to restore price […]
Continue readingTag: Recession
‘We’re living in unprecedented times’: Economist reacts to Bank of Canada’s rate hike
TD Bank senior economist James Marple says the Bank of Canada's aggressive rate hikes are a recognition that they're 'behind' on inflation. Subscribe to CTV […]
Continue readingRBC economist explains why we’re headed into a recession
'Starting point for the economy': RBC economist Nathan Janzen discusses factors behind the recession prediction. Subscribe to CTV News to watch more videos: Connect with […]
Continue readingHere’s what the US economy can expect if a recession hits
As more interest rate hikes are expected amid inflation, Moody's Analytics Chief Economist Mark Zandi predicts how long a recession may last, if it occurs, […]
Continue readingLarry Summers responds to Janet Yellen’s admission on inflation
Former Treasury Secretary Larry Summers says the consensus on inflation last year was wrong, and that conventional forecasting models need to be evaluated. He says […]
Continue readingBiden says a recession is ‘not inevitable’ despite economic woes | USA TODAY
During a trip to Tokyo, President Joe Biden denied the inevitability of a recession while admitting to some economic woes. RELATED: Biden says US made […]
Continue readingBank of Canada warning that COVID-19 could do lasting damage to the Canadian economy
Bank of Canada Governor Tiff Macklem speaks to reporters about Canada's economic outlook, and the federal government's response to COVID-19. Subscribe to CTV News to […]
Continue readingNearly 40% of Black-owned businesses on the brink of closure due to pandemic
Many small businesses are struggling to reopen during the coronavirus pandemic, with Black-owned businesses being hit especially hard. CNN's Phil Mattingly reports. #CNN #News
Continue readingBipartisan Bill Would Keep Workers On Their Paychecks | Morning Joe | MSNBC
Rep. Pramila Jayapal, D-Wash., has introduced a new bill that would help Americans off unemployment and put them back on their paychecks and health care […]
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