Household savings down 61% from peak in 2021, savings ratios approaching record lows
Strong growth, declining inflation, and easing monetary policy to drive global output
Stronger-than-expected output to get a hand from monetary easing
The central bank's next interest rate announcement is scheduled for Oct. 23
The measures are meant to counter a prolonged downturn in China’s property market
Global monetary policy set to sync up as the Fed begins to ease
Most of the index's sectors reported higher earnings, S&P reports
The period covered was largely marked by people anticipating and then delighting in rate cuts
Growth in credit card balances, HELOCs slowed as mortgages gained, StatCan says
The central bank cut its key interest rate earlier this month for the third time this year