Searching for high-quality earnings amid a higher interest rate environment

This week, the U.S. Federal Reserve announced that higher interest rates are likely to remain in place for longer to bring inflation down to the Fed’s 2-per-cent target rate. In Canada, a similar story is emerging – August inflation nudged higher, to 4 per cent, driven by an increase in gasoline, food and shelter costs.

Air Canada, with a top score of 100, was the sole industrial company to make the screen. Air Canada, one of the founding members of the Star Alliance, is the largest airline in Canada, operating domestic, transborder, and international flights. The company recently announced a firm order for 10 Boeing 787-10 Dreamliner aircraft to replace the outgoing Boeing 767.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

globeandmail /  🏆 5. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Searching for high-quality earnings amid a higher interest rate environmentWe are looking for large-cap Canadian-listed companies with strong earnings
Read more »