The OECD points to further downside risks to international trade, increased concerns about the fiscal health of the economies, renewed inflation pressures and financial instability. … READ MORE >
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Market Minute: Policy uncertainty spikes after shutdown
On Sept. 30, as the shutdown deadline approached, the Economic Policy Uncertainty Index jumped to 528 from 298 the previous day, and it has remained elevated. … READ MORE >
Market Minute: Rate cuts are taking longer to have an impact
The lag time between rate cuts and when those cuts are felt in the real economy is increasing, whether it’s in consumer spending or businesses taking on more risk. … READ MORE >
Market Minute: As dollar dominates FX, investors hedge exposure
The dollar was on one side of 89% of all international transactions, which is an increase from its 88% share in 2022. … READ MORE >
Market Minute: Shutdown adds risk to waning consumer confidence
Surveys of how consumers view the economy dropped in September. The government shutdown could worsen consumers’ views of the economy. … READ MORE >
Market Minute: The costs of a government shutdown
An extended shutdown would raise the unemployment rate, reduce household consumption and restrain economic growth. … READ MORE >
Bank of Canada cuts interest rate to 2.5% amid economic, labour challenges
The Bank of Canada cut its key interest rate to 2.5 per cent as a slowing economy and rising unemployment likely contributed to the unexpected policy action. … READ MORE >
Bank of Canada holds interest rate amid economic resilience, trade tensions
The Bank of Canada held its key interest rate at 2.75 per cent amid Canada’s overall economic resilience and ongoing trade tensions with the U.S. … READ MORE >