“APCHQ suggests changes to mortgage rate stress test for variable and fixed rate mortgages”

“APCHQ suggests changes to mortgage rate stress test for variable and fixed rate mortgages”

The Office of the Superintendent of Financial Institutions (OSFI) recently held consultations on residential mortgage underwriting practices and procedures (Guideline B-20). In an effort to mitigate the risks arising from high consumer indebtedness, OSFI was seeking comments on various mortgage debt repayment measures, including the mortgage rate stress test. To verify the borrower’s ability to … Read more

“Proposed Reform to Address Labor Shortage in Nursing Homes Amidst Rising Costs”

“Proposed Reform to Address Labor Shortage in Nursing Homes Amidst Rising Costs”

work in nursing home The planned reform also wants to take care of the labor shortage in nursing. (Photo: imago/photothek) Berlin An aging population, rising wages and new benefits are making care more and more expensive. On average, home residents pay a personal contribution of 2411 euros per month out of their own pocket, 278 … Read more

Treasury Secretary Janet Yellen Discusses Banks Scaling Back Lending and Inflation Cooling Measures

Treasury Secretary Janet Yellen Discusses Banks Scaling Back Lending and Inflation Cooling Measures

Banks are likely to scale back lending in the aftermath of the recent banking crisis and do part of the federal government’s job of cooling inflation, Treasury Secretary Janet Yellen said Sunday. “Banks are likely to be a bit more cautious in this environment,” Yellen said in an interview on CNN’s “Fareed Zakaria GPS” broadcast … Read more

“Food Prices in Poland Sparks Social Media Debate – Shocking Price Differences Compared to Neighboring Countries”

“Food Prices in Poland Sparks Social Media Debate – Shocking Price Differences Compared to Neighboring Countries”

15/04/2023 22:20 | From networks Much lower food prices in Poland have become an integral part of many debates on social networks in recent months, and people are noticing that they can save hundreds of crowns or even thousands of crowns by shopping at our northern neighbors. Currently, people on social networks are paying attention … Read more

“DAX Awaits Wall Street Rally as US Producer Prices Show Deflationary Tendencies”

DAX is waiting for a signal from New York – US producer prices even deflationary With stoic composure, the German stock index is waiting for a rally signal from Wall Street, which will not come. So the index continues to stick to the 15,700 mark, neither up nor down is going much these days. But … Read more

French Health Budgets Soar 75% in 5 Years, Leaving Many Without Treatment: Cofidis Study

French Health Budgets Soar 75% in 5 Years, Leaving Many Without Treatment: Cofidis Study

According to a study by Cofidis made public on Wednesday April 13, the annual budget for French health costs has increased by 75% over the past five years. A quarter of respondents admit to giving up treatment, young people are among the most affected. This is undoubtedly yet another consequence of the health crisis: the … Read more

Bitcoin crosses $30,000 barrier as investors flock to cryptocurrency amid banking turmoil

Bitcoin crosses ,000 barrier as investors flock to cryptocurrency amid banking turmoil

In the face of economic uncertainty and a slowing global economy, Bitcoin has broken another record, passing the $30,000 mark on the CNBC Daily Open. As the COVID-19 pandemic continues to ravage the world and governments struggle to contain its impact, many investors are turning to the decentralized digital currency as a way to hedge … Read more

The NY Fed indicates that short-term inflation expectations increase while U.S. consumers struggle with mounting credit difficulties.

The NY Fed indicates that short-term inflation expectations increase while U.S. consumers struggle with mounting credit difficulties.

A March 10 survey by the Federal Reserve Bank of New York released a survey showing that access to credit has become more difficult than it was a year ago, reaching the highest level since 2014 in more than a decade. (2023 REUTERS/Rachel Wisniewski) [ニューヨーク 10日 ロイター] A March 10 survey by the Federal Reserve … Read more

Although inflation has decreased, food inflation has risen once more.

Although inflation has decreased, food inflation has risen once more.

Eurozone grocery prices rise 17.7% in FebruaryIn the US, food prices rise twice as much as energyCompanies focus on increasing their profits… Criticism of the ECB’s “opportunistic behavior” japchae Amid slowing inflation in major countries, food inflation is raising its head again, especially in Europe. Food prices are stable, but analysts say that companies are … Read more

Navigating Pension Performance in a Changing Market

Navigating Pension Performance in a Changing Market

As we come to the end of a year that has been tough on pensions, investors are looking for safe havens to protect their investments. Economic uncertainty, political upheaval, and fluctuations in the stock market have left many feeling unsure about where to put their money. In this article, we will explore a few safe … Read more