Seeing no signs of recession, bank’s rate-setting council lowers benchmark rate from 3.5% to 3.25% — its third reduction since June
Easing interest rates, coupled with rising geopolitical risk, boost outlook
Provinces hard hit by higher rates forecast to drive recovery
Two-thirds of countries had above-average employment rates
CPI surprises largely temporary, shouldn't derail monetary easing
Liquidity oversight may need to evolve in the wake of March 2023 stress
Banks' restructuring, expansion efforts seen closing gap with U.S. giants
Richest households capture largest share of gains in second quarter
Filings eased a bit in September, but remain on pace to exceed 2023: S&P
Wealthier households, however, have seen their purchasing power rise since 2022