ECB expected to speed up rate cuts: Fitch
With inflation dropping quickly and growth weak, monetary easing set to accelerate
- By: James Langton
- October 21, 2024 October 21, 2024
- 14:30
Move from hourly to flat rate will improve transparency, efficiency: regulator
Including the next generation in family discussions can help advisors build trust and retain clients
Deal builds on Harbourfront’s recent purchase of Cornerstone Investment Counsel Ltd., which was completed in June 2024
Launches from Evolve ETFs, BlackRock come as central banks ease
Expansion pegged at an annualized rate of 4.6% -- below 5% goal
Federal Reserve research suggests consumer spending is the primary driver of the U.S. economy
Mortgage borrowing powers debt rise, credit card balances up too
Real GDP growth expected to strengthen in year ahead as price pressures ease
Plus, companies embrace tools for client data transfer, onboarding and risk detection
Approval regime, proficiency are among areas covered in latest consultation
Marie-Claude Bibeau, national revenue minister, is among those expected to step down
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