BoE keeps main U.K. interest rate at 15-year high
The central bank warned that borrowing costs will likely stay elevated for some time
- By: Pan Pylas, The Associated Press, The Associated Press
- November 2, 2023 November 2, 2023
- 11:39
The central bank warned that borrowing costs will likely stay elevated for some time
The committee also is revisiting the category of Multi-Sector Fixed Income launched earlier this year
Trio charged over alleged crypto fraud scheme
Ex-NBF rep admitted to misappropriating clients' funds, as well as other violations
But inventory levels remain lower than what's traditionally available for the month
Leaves the door open to further rate hikes if inflation pressures should accelerate in the months ahead
Some 210 major projects and US$86 billion in investment have been announced in the EV, battery storage and solar fields
The CFA Institute, GSIA and PRI hope their new resource will be adopted by industry and regulators
Prosecutor cites 'pyramid of deceit' in urging jury to convict FTX founder
New policy will apply to new rental housing units such as apartment buildings, student housing and senior residences
Labour market shows strength, even as the Fed tries to cool the economy
For the first time, a second earnings ceiling will be used to determine additional contributions
The four face SEC and DoJ charges for allegedly opening hundreds of sham accounts
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