Moneyweb Financial Inc.

So, you just got into a car accident. Now what? Head to FSRA’s page to learn more about what to do after a crash. https://bit.ly/443zuvg

Bank of Canada Leaves Door Open for More Hikes as Inflation Persists

Live: Analysis of Bank of Canada Rate Decision Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

US CPI ESTIMATES FOR TOMORROW

BLOOMBERG 3%
CITI 3%
HSBC 3%
UBS 3%
NOMURA 3%

GOLDMAN SACHS 3.1%
BMO 3.1%
BARCLAYS 3.1%
CIBC 3.1%
CREDIT SUISSE 3.1%
GURGAVIN CAPITAL 3.1%
MORGAN STANLEY 3.1%
SCOTIABANK 3.1%
TD SECURTIES 3.1%

JP MORGAN 3.2%
RBC 3.2%
VISA 3.2%

MEDIAN 3.1%

Bullish signal: Breadth is finally starting to confirm what the headline indices have been doing. The percentage of stocks above their 50-day moving average is now at a respectable 71%.

One year ago today, new rules were introduced that restrict the use of the Financial Planner/Financial Advisor titles to those who meet new standards of education and conduct. FSRA’s Huston Loke spoke to Fidelity Canada today in Toronto about the benefits for consumers.

At the heart of the Bank of Canada’s monetary policy is the target for the overnight rate. See what it is—and what it means for you.

The target for the overnight rate

At the Bank of Canada, the primary tool we use to control inflation is our target for the overnight rate—also called our policy interest rate. This is the starting point for setting many of the interest rates in the economy that matter for Canadians.

Understanding our policy interest rate At the heart of the Bank of Canada’s monetary policy is the target for the overnight rate. See what it is—and what it means for you.

'Holy grail' of soft landing back in play | Advisor's Edge With positive signs on inflation, a recession this year is less of a sure thing

https://twitter.com/cnbcclosingbell/status/1610368565093322754?s=21&t=ycvzc2EK4MXX-iqyZU9m3A

CNBC's Closing Bell on Twitter “"The market refuses to give up the idea that a soft landing is still within the realm of possibility, probably shouldn't give it up right away..." breaks down the moves of the S&P and looks at $AAPL”

Higher interest rates are likely to hurt.

Bank of Canada says higher interest rates still needed to tame inflation — Reuters Canada Inflation in Canada remains too strong, and higher interest rates will be needed to cool the overheating economy, Bank of Canada Governor Tiff Macklem said in testimony at the House of Commons on Wednesday.