Higher shipping costs complicate inflation fight: Fitch
Central bankers face additional source of price pressure
- By: James Langton
- February 26, 2024 February 26, 2024
- 13:41
Estimate is the latest signal of strength for an economy that's blasted through recession predictions
But a turnaround for bank stocks isn't expected anytime soon, analysts say
Risk-transfer vehicles to perform better now than in financial crisis
Financial sector funds now out of bounds for regulator's employees
Fiscal, monetary policy tends to ease, uncertainty rises in election years
Anti-ESG proposals fall flat with investors, SHARE reports
Firm announces bid to repurchase up to $85 million of its shares
Over time, the bank intends to reduce its controlling stake
Alongside BMO Private Wealth's leadership shift were several other veteran and advisor announcements
Province's election budget boosts family benefits as deficit soars to $7.9B
Opposition calls for transparency
U.S. authorities allege man secretly traded after overhearing wife's M&A deal
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