Sunday, October 22, 2017

Bank of Canada Interest Rate Release

On April 12, 2017, the Bank of Canada announced its policy to maintain the overnight interest rate target at a steady 0.5 percent. There...

Bank of Canada: Rate Hike July 2017

For the first time in 7 years, the Bank of Canada has chosen to raise the overnight rate target from 0.5% to 0.75%....

Unemployment Rates Fall in Canada and U.S

July’s labour market figures in Canada show a healthy situation with unemployment rate falling to 6.3%, a decrease of 0.2%, according to Statistics Canada....

The Federal Reserve decision on interest rates

This Wednesday, the Federal Reserve announced that they will not be increasing the federal funds rate at this time. The Federal Reserve downgraded the...

Thaler’s Nobel Prize Winning Work in Behavioural Economics

It’s one of two major assumptions in economics, and taught within the first week in most 101 classes: rationality. How do we define rationality?...