The Canadian economy is expected to grow at around two per cent in 2025 as unemployment falls and price stability is restored. … READ MORE >
Economics
As European economy deteriorates, ECB needs to be more aggressive
The European Central Bank is clearly going to need to get far more aggressive in its easing campaign as the continental economy slips back into pull of recession’s gravity. … READ MORE >
Housing starts and permits fall in October as hurricanes take a toll
The total number of starts in October was 1.3 million, marking the 30th straight month of staying below our long-term sustainable level of 1.7 million. … READ MORE >
Canada’s prices for services and shelter decelerated in October
Canada’s consumer price index accelerated in October, but that increase will not deter a rate cut by the Bank of Canada in December. … READ MORE >
The U.S. economic year ahead: Regime change, growth and rising interest rates
The American economy continues to undergo a regime change that will bring less volatility and greater resilience to shocks. … READ MORE >
U.S. retail sales decelerated in October
The mixed results in the October report should not change the likelihood that the Federal Reserve will cut its policy rate in December. … READ MORE >
Falling jobless claims and firmer inflation point to slower rate cuts
It will most likely will take longer for the Fed to get to its destination of a 2.9% policy rate as it forecast in September. … READ MORE >
Hurricanes and sticky service and housing prices propped up inflation in October
One-time special factors and ongoing sticky shelter and service prices combined to cause an increase of 2.6% in the consumer price index in October. … READ MORE >
To contend with higher tariffs, businesses need to act now
Higher tariffs are likely over the next few years. In our estimation, firms do not have the luxury to wait and see how the policy changes turn out. … READ MORE >
Consumer sentiment in November rises to highest level since April
According to the University of Michigan’s survey in November, the sentiment index increased to 73 from 70.5 with expectations leading the increase. … READ MORE >