Amid a wave of mass firings at the GSE last week, will the Trump administration steer Fannie and Freddie toward the private sector? 15 Apr 2025 Share A dramatic year at Fannie Mae continued last week with the announcement of a cull of over 100 employees for what it described as unethical conduct, including the facilitation of fraud, as the Trump administration continues to put its stamp on the government-sponsored enterprise (GSE). Federal Housing Finance Agency (FHFA) director Bill Pulte,...

Chief economist says borrowing costs will probably fall even as trade chaos rumbles on 30 Apr 2025 Share Some of the nerves that roiled global financial markets in the wake of President Trump’s “Liberation Day” wave of tariffs have eased, with bond yields – which surged in the week after Trump launched his trade war at the beginning of April – sliding at the start of this week. That drop arrived amid growing speculation that the Federal Reserve will step in to lower interest rates in the...

The US president's wave of tariffs has plunged global financial markets into turmoil – and sparked speculation of a long slide for Canadian interest rates 09 Apr. 2025 Share Global financial markets have reeled in the week since US president Donald Trump stepped forward in the Rose Garden to announce a sweeping tariff regime on trading partners, sending stocks tumbling and spiking fears of a sharp worldwide economic downturn. That meltdown could trigger the global economy’s most severe crisis...