Although pay growth is slowing, the United States’ employment expanded in September for the first time in eight months as hiring increased broadly, indicating to ongoing labour market resilience that could give the Federal Reserve justification to hike interest rates… Read More ›
Day: October 7, 2023
Bond Yields Are Rising, Making Canadian Homeowners’ Mortgage Misery Worse As Renewals Approach
About 75,000 Canadian homeowners who are waiting for notices of mortgage renewals next month are preparing for a shocking interest rate increase brought on by an unexpected global bond rally, which will further strain already tight household budgets. In contrast… Read More ›