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Canada – Walking the Tightrope The Bank of Canada took center stage this week, holding its policy rate at 2.25%. It reinforced a message that has become increasingly clear: Canada’s economic growth is soft at Read more…
Next week’s calendar is dominated by central bank decisions, with policy paths still shaped by sticky inflation, softer growth and energy-driven uncertainty. We expect the FOMC to strike a neutral tone under Chair Warsh, with Read more…
April’s manufacturing and wholesale reports on Monday and retail sales on Friday should support the Bank of Canada’s (and our) outlook of Canada’s growth resuming in Q2 after Q1’s contraction. Statistics Canada’s advanced estimate is Read more…