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Bank of Canada Governor Tiff Macklem


Are Americans and Canadians in for a soft landing?

As hopes for dodging a recession grow amid continuing affordability struggles, central bankers in the United States and Canada may be settling into a familiar pattern of cautious optimism.

Annual inflation in Canada dropped to 3.8% in September, well above the 2% target. Yet, on Wednesday, the Bank of Canada released its decision to hold interest rates at 5%, citing “clearer signs that monetary policy is moderating spending and relieving price pressures.”

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Gov. Tiff Macklem walks outside Bank of Canada building in Ottawa


IMF expects real GDP growth in the G7

Canada and the US are set to lead economic growth among the G7 – which also includes the UK, Germany, France, Italy, and Japan – in 2024. The only hitch? The margin of error for success is razor-thin.
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The Graphic Truth: Cross-border economic anxiety

We wish we had better news, but the economic outlook from Tulsa to Toronto and Quebec to Los Angeles is nothing but bleak, according to an exclusive GZERO/MARU poll.

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