Recent developments imply a possible economic turning point in the business cycle—and understanding economic surprise indices is key. … READ MORE >
economy
Market Minute: What trade policy whiplash could mean for inventories
Businesses experiencing trade policy whiplash are seeking to get as much as possible into U.S. ports before higher import taxes are enforced. … READ MORE >
Market Minute: U.S. economy rests on the wealthy continuing to spend
The K-shaped economy that has defined the U.S. in the post-pandemic era is predicated on upper-income groups continuing to spend at a strong clip. … READ MORE >
Market Minute: Financial market volatility could be returning—here’s why
After days of repose to start the summer, conditions are aligning for a return of financial market volatility for the rest of the year. … 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 >
Market Minute: Canada’s trade outlook not as bleak as feared
While uncertainty plagues Canada’s trade outlook, a relatively low U.S. effective tariff rate means things might not be as bleak as they seemed back in March. … READ MORE >
Bank of Canada cuts key interest rate to 3% amid price stability, trade policy uncertainty
The Bank of Canada cut its key interest rate to three per cent, but tariff uncertainty looms over Canada’s economic outlook and clouds the future rate path. … READ MORE >
Trudeau’s resignation spurs uncertainty across Canada’s economy
For nearly a decade, Canada’s political stability helped attract foreign investments. Justin Trudeau’s resignation ushers in a new wave of uncertainty. … READ MORE >
Resignation of Canada’s finance minister before release of fall economic statement adds to uncertainty
Chrystia Freeland’s resignation as Canada’s finance minister highlights increasing political uncertainty as financial challenges loom in 2025. … READ MORE >
Bank of Canada cuts interest rate to 3.25% as focus shifts to gap with U.S.
The Bank of Canada lowered its interest rate to 3.25 per cent — an overdue move out of restrictive territory given that inflation has largely been tamed. Expect more rate cuts in early 2025 to get the economy onto an expansionary trajectory. The policy rate should come down to 2.75 … … READ MORE >