Financial Markets Monthly

The stronger-than-expected September U.S. payroll report left the economy on track for the historically elusive ‘soft landing’ and reduced urgency...

Softening U.S. labour markets and lower inflation leave the Fed on track to kick of an easing cycle starting in September, one of the last major...

More central banks are committing to cutting interest rates from elevated levels.

We now expect the Fed to cut rates in September—earlier than our prior December assumption—with a gradual easing cycle to follow.

Bank of Canada and ECB both kickstarted the easing cycles in June but neither is expected to race rates to the bottom.

Upside inflation surprises year-to-date in the U.S. will keep the Fed on the sidelines for now – we continue to expect the first cut to the fed...

A resilient U.S. economy and signs of reacceleration in inflation look likely to derail Fed plans to cut interest rates by 75 basis points this year...

Resilience in the U.S. continues to buoy investors’ spirits. Conditions also look to have already bottomed out in the euro area and U.K. In Canada,...

How will the rest of this current rate cycle from the BoC compare with previous ones? In short, we expect more things to differ than to stay the same.

Fed willingness to talk about interest rate cuts sent markets rallying to close out 2023.

A softening economic growth backdrop has left central banks in Canada, the Euro Area, and the U.K. on hold.

Elevated policy rates and tight financial condition continue to slow consumer spending in Canada, the euro area and the UK