Under Pressure – softening outlook keeping central banks at bay
November 9, 2023
Elevated policy rates and tight financial condition continue to slow consumer spending in Canada, the euro area and the UK
Taking the long way home
October 11, 2023
Central banks are on pause as surging term bond yields tighten financial conditions further. Canadian population growth is complicating interpretation of macroeconomic data, but there are signs of softening under the surface.
Central banks hit "hopeful pause" on rate hikes
August 9, 2023
Robust economic data seemed to bring sunnier days in July. For the most part, global equity indices inched higher as recession fears eased.
Interest rates to stay higher for longer
July 12, 2023
Resilient economic growth and sticky inflation are pressuring central banks to push interest rates higher, even as headwinds from higher prices and debt payments build.
May 10, 2023
Banks are tightening credit standards amid financial sector turmoil. The lending slowdown will weight on U.S. and euro area GDP.
The waiting is the hardest part
April 12, 2023
Banking sector turmoil caused significant bond market volatility in March, particularly at the front end of the curve
Know when to hold ’em
February 9, 2023
With inflation slowing but labour markets proving resilient, hopes for a soft landing are growing.
January 10, 2023
Labour markets holding up but will eventually soften as economies slip into recession