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Recent Articles

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Goldman Sachs predicts European Central Bank will cut interest rates by 25 basis points starting April 2024, aiming for deposit rate of 2.25% by early 2025 from current rate of 4%

RBC sees cautious optimism in forest products industry, potential for stronger activity levels due to interest rate cuts, lumber capacity reductions in British Columbia, mass timber as significant opportunity, potential pickup in M&A transactions in 2024

US 30-year fixed-rate mortgage averaged 7.03% as of Dec. 7, down from 7.22% a week ago; 30-year FRM averaged 6.33% a year ago: Freddie Mac

Bank of Canada maintained its target for the overnight rate at 5.0%, with the Bank Rate at 5.25% and the deposit rate at 5.0%; the Bank is continuing its policy of quantitative tightening

Harvard economist predicts higher US interest rates for next decade due to factors such as more military spending and deglobalization, challenging view that America can take out debt like it's 'free lunch'

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