The Federal Reserve left benchmark interest rates unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Trump pursues.
The online poll also found 48 per cent of those surveyed believed the economy will weaken over the next year, while 19 per cent expect it to improve. Despite the pessimism among respondents, BMO Capital Markets senior economist Robert Kavcic said the global economy is expected to grow this year.
BMO Capital Markets revised its outlook on Metro Inc . (TSX:MRU:CN) (OTC: MTRAF), upgrading the stock from Market Perform to Outperform and increasing the price target from Cdn$92.00 to Cdn$96.00. The adjustment came after the stock experienced a pullback following the company’s first quarter fiscal year 2025 results.
BMO Capital raised the firm’s price target on Invesco (IVZ) to $21 from $19 and keeps a Market Perform rating on the shares after its Q4
The Treasury Department is preparing a record-size auction for government debt that expires in 10 years. This afternoon $20 billion worth of 10-year Treasury inflation protected securities will be issued,
On Friday, BMO Capital Markets maintained a constructive stance ... BMO's food service inflation index indicated a rise of 2.7% in the fourth quarter, up from 2.0% in the previous quarter, hinting ...
Officials from the Bank of Canada delivered a warning shot about the likely spillover effect of a trade war with the U.S. - with the likely outcome being slower economic growth and higher inflation for both countries. The BoC laid out this case in conjunction with a decision to cut interest rates by a quarter-point increment to 3%.
The Bank of Canada just delivered a quarter-point interest-rate cut that lowers its policy rate to 3%, yet it may be in a bit of a conundrum due to the uncertainty around the timing, scope and duratio
Additionally, 61 percent believe inflation is high and expect it to increase further. The survey revealed that 44 percent of Canadians spend an additional $100–$300 monthly on basic expenses, while 38 percent report spending over $300 more.
Inflation and interest rates might not ease much anytime soon, but both the Phoenix and U.S. economies start 2025 in good shape, according to GPEC.
Canadians expect inflation to ease this year ... barring serious and sustained tariff action,” Robert Kavcic, senior economist with BMO Capital Markets, said in a release. The BoC’s survey was a nationally representative, online survey of a rotating ...
Tariffs, major weather events and even political bias have obscured trends and challenged experts to figure out the takeaways.