The Federal Open Market Committee (FOMC) held interest rates constant at the conclusion of its March 18-19 meeting. The minutes for this meeting, released today, unsurprisingly showed that increasingly negative sentiment in financial markets and uncertainty about future policies were taking a more prominent place in the committee’s deliberations. The minutes showed some confidence that […]
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Across the country, American workers share similar money worries, from keeping up with the cost of daily essentials — rent or mortgage payments, car upkeep, fuel, and groceries — to planning for long-term financial security. Read more…
Canadian Highlights The Bank of Canada held the policy rate at 2.75% and, in a break from tradition, refrained from publishing its usual forecast. The Monetary Policy Report outlined two illustrative scenarios depending on different Read more…
Summary United States: Economic Growth Holding On, for Now Real GDP growth is slowing but still holding on before an expected drag from tariffs kicks in. In March, retail sales rose solidly. Total industrial production Read more…