Canada’s economy returned to growth in Q3, expanding 0.6% qoq after contracting -0.5% in Q2. The improvement was driven mainly by a stronger trade balance as imports fell and exports edged higher. Government-led capital investment also provided support, though business investment was flat. The gains were partially offset by declines in both household and government […]
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Today’s FOMC decision is expected to leave rates unchanged at 3.50–3.75%, yet the real story lies in the widening gap between what the Fed is signaling and what markets are pricing. That tension is now Read more…
We reaffirm our view that the RBA will raise the cash rate 25bps to 4.35% next week. We reaffirm our expectation that the RBA Monetary Policy Board (MPB) will raise the cash rate a further Read more…
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