Bank of Canada: Canadian households can repay their debts at higher interest rates

According to the Bank of Canada's latest annual financial stability report, Canadian households seem to be able to bear this burden despite rising borrowing costs

Zhitong Finance18:00 ET

Canadian Dollar Gains Ground as Greenback Recedes on Thursday

Canadian Dollar propped up by broad-market, risk-on sentiment.

FXStreetMay 9 11:57 ET

Australian Government Walks Fine Budget Line With RBA Primed to Hike

The question on the lips of the governor of the Reserve Bank of Australia, Michele Bullock, will be how much of that revenue will flow back into the economy by things like added measures aimed at easing a cost-of-living surge for consumers.

WSJMay 8 22:31 ET

Canadian Dollar Claws Back Ground on Data-light Wednesday

Canadian Dollar rebounds after previous day’s downside.

FXStreetMay 8 12:40 ET

AUD/USD is lower, and the RBA's firm stance clashes with unsettling inflation expectations

The Reserve Bank of Australia kept interest rates unchanged, which surprised the market. Facts have proven that inflation is stubborn, and the level of inflation is expected to remain high until 2025.

FX678 FinanceMay 8 05:57 ET

Rental costs are soaring! Major central banks face stubborn obstacles to curbing inflation

In the US, the UK, Canada, and Australia, rapidly rising housing costs — which weigh heavily in the consumer price index basket — are preventing inflation from falling back to the central bank's target level.

Zhitong FinanceMay 7 23:22 ET