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Economist questions rate hike rationale
Armine Yalnizian, the Atkinson Fellow on the Future of Workers, says the central bank's decision to raise interest rates again won't help fix the inflation problem, and could actually make things worse.
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Be Well: Marty Mortgage Talks State of Housing Market
Be Well: Marty Mortgage Talks State of Housing Market
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More than half of Quebec nursing students are failing the licensing exam
More than half of Quebec nursing students have failed the licensing exams since September, making some wonder whether the exam is too difficult — especially with the nursing shortage in the province.
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Turkey election: Citizens struggle with high cost of living
Turkey’s cost of living crisis is a major issue for voters - and one that has dominated this election campaign.
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Analyst Discusses Market Trading Amid Renewed Fears Over Banking Sector
Will Rhind, CEO of GraniteShares, joined Cheddar News to discuss Thursday's trading session amid renewed fears over the regional banking crisis as well as concerns over the debt ceiling debate.
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Stock Market Kicks off New Month With Uncertainty, Ahead of Fed Meeting, More Earnings
Brian Vendig, president of MJP Wealth Advisors, joined Cheddar News to discuss the market ahead of the Federal Reserve's meeting on Wednesday and as investors digest JPMorgan's takeover of First Republic Bank, which was recently seized...
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Stock Market Today: Wall Street Slips Erasing Gains for the Week
Wall Street is slipping Wednesday following some mixed earnings reports from big U.S. companies and another signal that inflation remains hot around the world.
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Stock Market Today: Wall Street Slips, Slicing Gain for Week
Wall Street is edging lower Wednesday following mixed earnings reports from big U.S. companies and another signal that inflation remains painfully hot around the world.
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Stock Market Today: Wall Street Wavers Amid Earnings Updates
Wall Street is wavering Wednesday following mixed earnings reports from big U.S. companies and another signal that inflation remains painfully hot around the world.
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Stock Market Today: Wall Street Steadies as Calm Continues
Wall Street is staying steady Wednesday following another set of mixed earnings reports from big U.S. companies.
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Stock Market Today: Wall Street Ends Flat as Calm Continues
Stocks are closing mostly flat on Wall Street Wednesday following mixed earnings reports from big U.S. companies.
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Key interest rate holds at 4.5 per cent
The Bank of Canada is holding its key interest rate at 4.5 per cent as inflation slows, giving a bit of predictability to homeowners.
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Twin Focus Analyst Weighs in on Economy in Wake of OPEC Production Cuts
Twin Focus Financial Analyst Weighs in on State of Economy in Wake of OPEC Production Cuts
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Avg. Fixed Mortgage Rate Falls Below 6% For First Time Since Sept.
Average mortgage rates on a 30-year fixed loan fell below 6% for the first time since September, following the Fed's move to slightly cut rates.
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Poilievre says Bank of Canada interest rate hike a 'sucker punch' for Canadians
Conservative Party Leader Pierre Poilievre blames the latest increase in interest rates and the cost of living on Prime Minister Justin Trudeau 'adding more debt than all previous prime ministers combined.'
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Used-Car Market Slows as Interest Rates Stay High
Lauren Fix, founder of Car Coach Reports, joined Cheddar News to discuss the used car market and when would be a good time to shop for a new car.
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Credit Card Interest Rates Reach Record High
Interest rates for bank-issued credit cards hit a record high.
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Mortgage Buydowns Make Return Amid High Interest Rates
Cameron Findlay, chief economist at AmeriSave Mortgage, joined Cheddar News to discuss how mortgage buydowns work amid high-interest rates.
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'There's certainly a bit of hope,' says economist on interest rate hike
Chief economist at Scotiabank, Jean-Francois Perrault, reacts to the Bank of Canada raising its benchmark interest rate for the seventh time this year to 4.25 per cent, but signalling that rate hikes could end soon.
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Food prices will continue to rise in 2023: report
The financial pain from high food prices isn’t expected to go away for a while, a new report from Dalhousie University suggests. That’s bad news for some families who say they don’t see what else they could cut from their grocery bills.
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Housing Market Outlook for 2023 After Prices Slow in September
Mark Fleming, the chief economist at First American joined Cheddar News to discuss the outlook on the 2023 housing market.
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Bank of Canada raises key lending rate to 4.25%
The Bank of Canada raised its benchmark interest rate by 50 basis points, to 4.25 per cent, but signalled it would pause and consider 'whether the policy interest rate needs to rise further.'
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Accra targets forex dealers as Ghanaian cedi loses value rapidly
Ghana is cracking down on foreign exchange dealers as its currency slides against major world currencies.