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CBC | Business News
Central banks talk about inflation, but are they losing credibility when interest rates don't budge?
Both the Bank of Canada and the U.S. Federal Reserve talk tough on inflation. But their record so far have some asking whether their predictions can be trusted.
Ontario home inspectors say the seller’s market and routine unconditional offers are leading to a significant decline in home inspections, leaving buyers at risk.
The U.S. economy grew last year at the fastest pace since Ronald Reagan's presidency, bouncing back with resilience from 2020's brief but devastating coronavirus recession.
The Bank of Canada has decided not to raise its benchmark interest rate just yet, but signalled Wednesday that this could change in the very near future.
The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key step in reversing its pandemic-era low-rate policies that have fueled hiring and growth but also escalated inflation.