Economies in Asia continue to grow despite U.S. disruptions to the global supply chain. … READ MORE >
economic growth
Market Minute: Subdued forecasts for growth in developed economies
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 >
Bank of Canada preview: A rate cut is desperately needed
The Bank of Canada needs to announce rate cuts during its June 5 meeting to spur economic growth. Any further delay and the bank would risk making a policy error and undermining Canada’s growth outlook. … READ MORE >
Labor data shows economic strength as inflation concerns linger
Despite a slowdown in productivity and rising labor unit costs, the economy continues to show strength with initial jobless claims staying near recent lows and factory orders posting solid growth. … READ MORE >
R-star: The role of the natural rate of interest in monetary policy and economic growth
Known by economists as r-star, it has risen to a range between 1.75% and 2% in our estimation, a marked increase from the 0.5% that had prevailed over the previous 15 years. … READ MORE >
Private investment and the reintroduction of risk
Regime changes in global trade, growth and liquidity, along with a significant increase in geopolitical tensions, are reintroducing political and economic risk. … READ MORE >
Expectations at the end of business cycles
The Federal Reserve has a blunt yet effective instrument to fight inflation: raising the federal funds rate. But using it requires a delicate balancing act. We offer a snapshot of what to look for as the economic cycle plays out. … READ MORE >
Q2 US GDP: Economy contracts for second consecutive quarter
From our point of view, the economy will likely soon meet the formal definition of being in a recession, though it isn’t there yet. … READ MORE >
Canada GDP rose 0.4% in August as the economy reopened
The rise in spending on in-person services led the economic recovery, as August marked the first full month of most COVID-19 restrictions being lifted across the country. … READ MORE >
GDP preview: 6% growth forecast with room to accelerate
We expect that the initial estimate of U.S. gross domestic product for the first quarter, which will be released Thursday, will show 6% growth, which is somewhat below the Bloomberg consensus of 6.8%. … READ MORE >