Stubborn food inflation and global uncertainty cloud outlook
Policymakers cited unpredictable U.S. trade policy, inflation in holding rate at 2.75%
Changes reflect higher spending on housing and vehicles
Unemployment and inflation remain low, but uncertainty around trade levies remains
Household expectations are outstripping inflation, highlighting a growing communications challenge for central banks
Deteriorating economic outlook weighing on credit conditions for North American companies
Negative shock of tariffs, policy uncertainty heightens risk to government finances
Bank of Canada to resume cuts next month, Fed sidelined until Q4
Governor sees room for central bank's mandate to expand beyond inflation
Student job market weakens and unemployment reaches highest level since 2016 outside pandemic