The tone of RBNZ Chief economist Conway’s speech was hawkish and seemed to push back on market expectations for any policy easing in the near term. This morning RBNZ Chief economist Conway gave a speech titled “The importance of quality research and data.” Unusually, the speech included comments on recent data developments – the RBNZ […]
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Canadian Highlights President Trump continues to threaten Canada with a 25% tariff on its U.S. exports as early as Saturday. A prolonged U.S.-Canada trade skirmish could dampen growth significantly and lift inflation. The Bank of Read more…
Summary United States: Economic Momentum Holding, for Now The economy ended 2024 on a solid note with a 2.3% Q4 increase in real GDP. Volatile inventory swings lowered the headline, but real final sales to Read more…
Canada’s labour market likely continued to underperform in January as it has consistently shown a more pronounced deterioration than the U.S. job market. We expect Canada added 15K jobs in January, but with a larger Read more…