An in-depth analysis of the key drivers of economic activity in Canada and the US including a discussion of global factors that will affect these near term forecasts. A forward-looking analysis of Canadian, U.S. and international financial market trends including interest rate and currency forecasts.
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It's hard to leave (higher rates) when you can't find the door (to lower inflation)
May 9, 2024
Upside inflation surprises year-to-date in the U.S. will keep the Fed on the sidelines for now – we continue to expect the first cut to the fed funds target in December, contingent on both growth and inflation gradually and persistently slowing.
Macroeconomic Outlook
Canadian economic slowdown is not over
March 12, 2024
The Canadian economy is still slowing as the lagged impact of earlier interest rate increases materialize. Gross domestic product edged...