Our summary of recent economic events and what to expect in the weeks ahead. Canadian Highlights The Bank of Canada left rates unchanged at 2.25% but struck a more constructive tone on the near-term economic outlook, projecting a sharp rebound in Q2 growth. Inflation remains the key source of uncertainty, though the removal of references […]
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With Warsh’s second FOMC meeting approaching, we expect the Fed to remain on hold while maintaining a modest tightening bias. Next week’s PCE report will either reinforce or challenge that view, though we continue to Read more…
Albertsons Companies (ACI) opened Thursday, July 23, at $12.50, more than $2 below Wednesday’s close of $14.60. By midday, the stock traded near $11.38, down about 22% and sitting on a fresh 52-week low of$11.02. Read more…