Latest news in Research and Markets

Federal Reserve building

Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated

Economists now expect only two or three Fed rate cuts in 2025

Woman with package pasta in shop stock photo

Economists see November inflation staying at 2% or slightly rising

The GST holiday will push inflation down to about 1.5% in January: BoC

Parliament Hill in Ottawa - Ontario, Canada

Fall fiscal update to grapple with Trump presidency, expected to show larger deficit

The parliamentary budget officer has predicted a $46.8 billion federal deficit

Concept of financial data and stock market trading

Canada’s ‘stealth recession’ may deepen if Trump tariffs implemented: portfolio manager

Franklin Templeton panelists share outlooks for 2025, including investment opportunities

U.S. economy

Financial conditions threaten U.S. inflation fight: NBF

Loose financial conditions, tariffs are both potentially inflationary

China flag

China plans to double down on economic support as Trump tariffs loom

Leaders commit to raising China’s deficit, do more to encourage consumer spending

Steel worker on CNC plasma cutter machine

Manufacturing, wholesale sales up in October: StatCan

Wholesale sales increased in six of the seven subsectors the agency tracks

crunching numbers

Household income rises as debt falls in Q3: StatCan

Net wealth rose 1.7% for the period

World graph

G20 growth edged up in third quarter: OECD

Results within the G20 mixed, with growth slowing in Canada, but rebounding elsewhere

Frankfurt, Germany - November 09, 2020: European Central Bank ECB, EZB headquarters at Eastend Frankfurt, Germany. The European Central Bank (ECB) is the central bank of the Eurozone. Close-up of the logo in front of the building.

ECB cuts rates a quarter point

The benchmark European rate is now 3%

jobless puzzle pieces

Jobless rates remain low, stable: OECD

OECD unemployment rate has stayed low since early 2022

Tiff Macklem

Text of the Bank of Canada’s latest interest rate decision

Governor Tiff Macklem delivered this prepared statement

US dollar

U.S. inflation ticked up last month

Consumer prices rose 2.7% in November from a year earlier

Bank of Canada note

BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward

The key interest rate is now 3.25%

candlestick chart and finger

Global market outlook roundup

Mega forces, jumbo jets and overvaluations

  • By: Kevin Press
  • December 11, 2024 December 12, 2024
  • 06:27
Apartment building

National rent prices decline year-over-year to 15-month low: report

Rents dropped for the second month in a row after more than three years of increases

A man looks through a magnifying glass

OSFI seen keeping Big Six buffers unchanged: DBRS

Despite intensified uncertainty, risk landscape is largely stable

Merger image

U.S., European bank merger prospects rising

Regulators in both markets are increasingly friendly to bank consolidation: Fitch

Canada Parliament and Canadian Flag over blue sky.

Freeland doesn’t commit to meeting her own deficit target in fall economic statement

PBO has projected the government's deficit will be $46.8 billion

China flag

China’s exports slow, imports decline in November

Some analysts say the latest setbacks are likely to be temporary

agriculture products

How U.S. tariffs could affect Canada’s agriculture industry, consumer prices

Canola is one of the big Canadian exports that would be hurt by tariffs

Made in Canada

Trudeau says dealing with Trump will be ‘a little more challenging’ than last time

The Prime Minister said Canadians needs to rally together; options are being explored

Arrow up

U.S. corporate bankruptcy filings rise: S&P

Filings on pace to hit highest mark since the financial crisis

Bank of Canada facade

Bank of Canada to run ahead of the Fed: DBRS

Tariff threats cloud an otherwise positive North American outlook

China flag

Chinese leaders pledge ‘moderately loose’ monetary policy, more support for slowing economy

China's economy has underperformed the government's 5% growth target for 2024