On Wall Street, low rates, liquidity and leverage are the holy trinity of new finance. … READ MORE >
monetary policy
Inflation expectations and the credibility of Fed policy
Does the Fed have the credibility not only to cut its policy rate next week but also to reduce it further in the following months, to the long-run neutral rate of 3% without stoking inflation? … READ MORE >
Powell opens door to September cut as Fed shifts to a balanced 2% target
Federal Reserve Chairman Jerome Powell on Friday gave investors and policymakers the words that they wanted to hear on a possible September rate cut. … READ MORE >
The Fed holds rates steady as two board members dissent
The OMC held its policy rate in a range between 4.25% and 4.5% on Wednesday as it slightly opened the door to a rate cut this fall., … READ MORE >
Canada’s consumer price index steady due to cooling housing market
Canada’s consumer price index rose 1.7 per cent in May thanks to a more balanced housing market and smaller increases in travel prices. … READ MORE >
Bank of Canada expectations for the second half of 2025
The Bank of Canada prioritizes price stability as a source of consistency and confidence in an uncertain environment. Here’s what to watch in the second half of 2025. … READ MORE >
Market Minute: Canada’s trade diversification away from U.S. as tariff pain remains
Canada’s latest trade data provides an indicator of the diversification away from U.S. dollar-denominated assets as tariff tensions continue to simmer between the longtime trade partners. In March, Canada’s merchandise exports to countries other than the U.S. surged by 24.8 per cent on a month-over-month basis—the second-largest increase in recorded … … READ MORE >
Canada’s unemployment rate rises as U.S. tariffs strain key industries
Canada’s latest jobs report showcased the impact of U.S. tariffs as key industries saw high job losses while the overall unemployment rate rose. … READ MORE >
Canada’s weakened financial conditions point to slower growth
Canada’s financial conditions have deteriorated as the prospect of slower economic growth looms in the coming quarters amid tariff-induced uncertainty. … READ MORE >
What the Liberals’ election win could mean for Canada’s economy
Following the Liberal Party’s election win, a Mark Carney-led government could introduce ambitious economic strategies to contend with ongoing uncertainty. … READ MORE >