In its most recent rate announcement, the Bank of Canada opted to maintain its target for the overnight interest rate at 5%, while keeping the Bank Rate at 5¼% and the deposit rate at 5%. The bank is continuing its course of quantitative tightening, and insistent on restoring price stability in Canada.

Exchange-Traded Funds (ETFs) and mutual funds are two very popular investment vehicles that allow you to invest in a diversified portfolio of assets, without directly owning the underlying securities. While both aim to help investors achieve their financial goals, they have distinct characteristics that make them suitable for different investment strategies.

In the August 2023 primaries, outsider and far-right Javier Milei topped the results, with 30.04% of the votes for "Freedom Advances" (LLA).

Fitch Ratings has downgraded the U.S. Sovereign Credit Rating to 'AA+' from 'AAA', citing fiscal deterioration, a growing debt burden, and erosion of governance.

Discover the Federal Reserve's unprecedented move as it raises interest rates to a 22-year high in response to a surge in the economy. Learn about the implications and reasons behind this decision to tackle inflationary concerns.

Facing persistent inflation and robust economic growth, the Bank of Canada takes decisive action, raising its key interest rate to 5%. Explore how this policy change aims to restore price stability and shape Canada's economic outlook for the coming years.