Facing the rising risk of a growing global oil glut, OPEC blinked, announcing on Sunday that it would pause a planned increase in oil production next year. … READ MORE >
Joe Brusuelas
Market Minute: World shipping costs continue to drop
The number of container ships sailing from China to the United States dropped considerably in October, pushing down costs. … READ MORE >
Market Minute: Economies in Asia keep growing, no matter the U.S. tariff rate
Economies in Asia continue to grow despite U.S. disruptions to the global supply chain. … READ MORE >
Market Minute: Canada’s financial conditions and its monetary policy path
Policy rate cuts by the Bank of Canada and the U.S. Federal Reserve are in response to both countries’ economies absorbing adverse policy shocks along with a slowing pace of hiring and wage growth. … READ MORE >
Market Minute: The end of quantitative tightening
The Federal Reserve on Wednesday moved to end its balance sheet runoff, or quantitative tightening, to address increasing liquidity strains across short-term funding markets. … READ MORE >
Fed cuts its policy rate and sets end to quantitative tightening
The Federal Reserve reduced its policy rate by 25 basis points to a range between 3.75% and 4% on Wednesday while announcing an end to its runoff of its $6.58 trillion balance sheet by Dec. 1. … READ MORE >
Bank of Canada cuts interest rate again in attempt to spur sluggish economy
Canada’s economy is slowing to the point that the Bank of Canada was comfortable making another interest-rate cut as it lowered its policy rate to 2.25 per cent. … READ MORE >
Market Minute: Slowing wage growth amid rising prices
After peaking at 6.5% in early 2023, yearly wage growth for full-time workers declined to 4.3% by August this year. … READ MORE >
Market Minute: Falling bond yields and economic imbalances
Long-term interest rates have been falling since the summer, most likely as investors came to terms with the risk of a slowing economy, domestic economic imbalances and the knock-on effects of persistent inflation. … READ MORE >
Market Minute: At FOMC meeting, a rate cut and the end of quantitative tightening
The Federal Open Market Committee is likely to reduce its federal funds policy rate by a quarter point to a range of 3.75% to 4% at its meeting on Wednesday. … READ MORE >