Latest Updates Around The World
New data shows that consumer confidence has fallen for the third month in a row. This is a sign that America’s view of the economy is deteriorating due to a weakening labor market and persistent inflation. The University of Michigan’s October Sentiment Index, released Friday, shows consumer confidence fell 1.5% month over month to 53.6%. […]
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As the holidays approach, market sentiment appears cautiously optimistic. Despite benchmark indices remaining within range, there is a growing sense that the economy could quickly regain its rhythm. In an exclusive conversation with ET NowHiren Ved, director and CIO at Alchemy Capital, acknowledged that the past year has been challenging for the markets. “The markets […]
Greater thinking was needed to solve Canada’s productivity crisis A more productive economy is better equipped to absorb that shock, Rogers argued, and competition is a path to productivity. “Higher productivity will not make Canada immune to U.S. trade policy, but it would help buffer the effect of tariffs,” she said in prepared remarks. Labor […]
A worst-case scenario with a 35% rate across the board could mean a moderate recession in the short term and 5% dented economic growth in the long term, while a middle rate of tariffs averaging 15%, similar to other trading partners such as Europe or Japan, could mean significantly slower growth in the near term […]
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This is what you need to know about the state of inflation in Canada. A modest increase in inflation leaves policy makers aimed at the larger whole Statistics Canada says that the annual inflation rate in August was 1.9%, an increase of 1.7% in July. The Bank of Canada is responsible for maintaining price stability […]
