The FOMC took a page from what its northern neighbour did last week and delivered a hawkish 25bps cut. Birds of a feather I ...

All Canadian provinces are poised for better growth in 2025, despite anticipating stronger policy headwinds in late 2025 and 2026 from both domestic and international fronts (chart 1). Consumption is ...

This report has been prepared by Scotiabank Economics as a resource for the clients of Scotiabank. Opinions, estimates and projections contained herein are our own as of the date hereof and are ...

Merry Christmas, happy holidays and here’s to wishing the best of the new year to our clients, staff, friends and families! While it will be quieter, this two-week edition of the Global Week Ahead ...

The year is ending and all is calm on Peru’s economic front. The first thing that we will know at the very beginning of January is how 2024 inflation ended. The key prices that we track point to a ...

Four more years of this stuff folks, and he hasn’t even taken office yet. Four years of chasing volatile and erratic policy threats and measures with real consequences for markets and the global ...

The Consumer Confidence Index (CCI) stood at -5.7% in November 2024, decreasing 2.0 ppts compared to October, and increasing 15.2 ppts compared to November 2023 (chart 1). In monthly terms, the result ...

The BoE followed the Fed’s hawkish cut with a dovish hold at 4.75% with a more dovish-than-expected 6 hold vs 3 cut vote split accompanied by a statement where the BoE seemed relatively unfazed by ...

The ECB rolled an unsurprising third consecutive 25bps cut to its deposit facility rate to 3.00% at its final meeting of the year with the Governing Council widely agreeing on a move of this magnitude ...

The aftermath of the FOMC’s more hawkish pivot continues to reverberate through global markets. US equity futures are a little more stable with small gains this morning and the US yield curve is ...

This feels like a typical FOMC day by way of a generally cautious market tone. Equities are slightly bid across most benchmarks, sovereign bonds are not doing much, and currencies are mixed. In my ...