In a range of categories in the consumer price index where goods have been subject to tariffs like the 25% levy on steel and aluminum, prices increased significantly. … READ MORE >
Economics
Large declines in energy prices dampen a modest increase in inflation
Beneath the surface, one can see an emerging sketch of how inflation will increase across the economy as tariffs take effect. … READ MORE >
Market Minute: Investment in an age of uncertainty
Investors should prepare for an extended period of dollar weakness, inflation and higher interest rates. … READ MORE >
The Market Minute from Joe Brusuelas, now available in your in-box
RSM Chief Economist Joe Brusuelas, In his daily Market Minute, offers a forward-looking analysis of the issues affecting businesses, markets and the economy … READ MORE >
Market Minute: The unbearable lightness of tariff timelines
Months after the United States began to announce sweeping new tariffs, businesses and consumers face more uncertainty, not less. … READ MORE >
Market Minute: Economy slowing into second half of the year
Slowly gathering headwinds are causing the economy to lose steam as it heads into the second half of the year. … READ MORE >
Canada’s unemployment rate hits 7% despite some resilience
Despite some economic resilience, Canada’s unemployment rate hit 7 per cent as the damage from tariffs and trade uncertainty permeates the labour market. … READ MORE >
U.S. job creation continues to cool as tariffs begin to take hold
Job creation continued to cool in May as the economy created 139,000 jobs, just above the RSM forecast of 125,000, and the unemployment rate held steady at 4.2%. … READ MORE >
Trade deficit plunges in April, yet signals trouble ahead
The U.S. total trade deficit plunged to its lowest level since 2023—just a month after it spiked to a record high. … READ MORE >
Market Minute: May jobs report to reflect a modest cooling
We expect a gain of 125,000 jobs and a modest increase in the unemployment rate to 4.3% when the U.S. employment report for May is released on Friday. … READ MORE >