Keyword
Federal Reserve
Fed likely to leave rates alone but signal more hikes coming
May 1, 2017 Martin Crutsinger - THE ASSOCIATED PRESSWASHINGTON – With the U.S. economy on solid footing and unemployment at a near-decade low, the Federal Reserve remains in the midst of a campaign to gradually raise interest rates from ultra-lows. But this week, it’s all but sure to…
Bank of Canada keeps key rate at 0.5% amid stronger yet uncertain global economy
December 7, 2016 Andy Blatchford - THE CANADIAN PRESSOTTAWA – The Bank of Canada is holding its benchmark interest rate at 0.5 per cent as it sees the stronger world economy continuing to face “undiminished” uncertainty. In making the scheduled announcement Wednesday, the central bank said its decision…
Fed minutes: Conditions could ‘soon warrant’ a rate hike
August 17, 2016 Martin Crutsinger - THE ASSOCIATED PRESSWASHINGTON – Federal Reserve officials believed last month that near-term risks to the U.S. economy had subsided and that an interest rate increase could soon be warranted. But they did not indicate when they would likely raise rates. The minutes…
Fed leaves rates unchanged; no hint on timing of next hike
June 15, 2016 Martin Crutsinger - THE ASSOCIATED PRESSWASHINGTON – The Federal Reserve is keeping interest rates unchanged in light of an uncertain job market and offering no hints of when its next rate hike might occur. The Fed noted in a statement Wednesday after its latest policy…
Fed keeps key rate unchanged; no hint on timing of next hike
April 27, 2016 Martin Crutsinger - THE ASSOCIATED PRESSWASHINGTON – The Federal Reserve kept a key interest rate unchanged Wednesday against the backdrop of a slowdown in U.S. and global growth and provided no hint of when its next rate hike may occur. In a statement after its…
Cyber risk, interest rates, economy remain major concerns for insurers: A.M. Best
March 28, 2016 by Canadian UnderwriterConcerns regarding cyber risk, interest rates and the economy remain prominent among insurers, according to the latest quarterly survey from A.M. Best Company. The Best’s Special Report, released on Thursday, included several hundred responses, representing property and casualty (70.4%), life…