Federal Reserve to stay on hold amid widespread economic uncertainty
Powell said the Fed is 'well positioned to wait for greater clarity' from Trump administration
- By: Christopher Rugaber, The Associated Press
- March 7, 2025 March 7, 2025
- 14:02
Powell said the Fed is 'well positioned to wait for greater clarity' from Trump administration
Mutual fund rep altered 15 account forms without client knowledge
At the same time, the gender gap has narrowed in boardrooms
This slowdown comes before any substantial hit from U.S. tariffs: economist
But the unemployment rate ticked up slightly to 4.1% as the number of jobless Americans rose
The Canadian economy added just 1,100 jobs last month
More Canadians may need to borrow to afford necessities in trade war
Only a quarter of Canadians who are likely eligible apply for the DTC
Hedge fund-style products were also popular as investors sought ways to mitigate risks, diversify: report
The two, unrelated cases involve misappropriations of real estate investment and bank account funds
Canada is not alone in its reliance on U.S. purchasers
U.S. President said he still plans to impose “reciprocal” tariffs starting on April 2
The bank said it has tripled its funding for renewable energy since 2019
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales