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Proof Point: A weaker Canadian dollar won’t necessarily derail BoC interest rate cutsForward Guidance
For the week of April 29, 2024Economic Analysis
See all Economic UpdatesU.S. Fed held interest rates unchanged in May
May 1, 2024
The U.S. Fed held the fed funds target rate unchanged (as widely expected) in its May policy announcement, but acknowledged that progress in slowing inflation has stalled in recent months.
Read ReportCanadian GDP growth slowed late in Q1
April 30, 2024
After a 0.5% upside surprise in January (led largely by teachers in Quebec returning to work after being on strike), Canadian GDP growth slowed to 0.2% in February, well below the 0.4% advance estimate from Statistics Canada a month ago.
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