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Top Mortgage Rates & Mortgage Broker News in Canada News
Federal Reserve · United StatesA Federal Reserve split over where its priorities should lie lowered its key interest rate Wednesday, but signaled a tougher road ahead for further reductions. Fulfilling expectations of a “hawkish cut,” the central bank’s Federal Open Market Committee cut its key overnight borrowing rate by a quarter percentage point, putting it in a range between 3.5%-3.75%.See the Story
Divided Fed approves third rate cut this year, sees slower pace ahead
46% Center coverage: 178 sources
Canadian Economy · CanadaRising costs at the grocery store were causing fresh pain for consumers in November even as Statistics Canada reports the overall inflation rate held steady in the month.
See the Story
Inflation steady at 2.2% in November despite grocery price hike
63% Left coverage: 27 sources
