Economy

IMF cuts U.S. growth forecast as tariffs and uncertainty weigh on ou...
April 23, 2025 12:31 AM AEST | By InvestingInvesting.com -- The International Monetary Fund has sharply revised down its U.S. growth forecast, citing trade tensions, policy uncertainty, and wea...

Trump's call to fire Powell is ‘self-defeating’
April 22, 2025 02:49 AM AEST | By InvestingInvesting.com -- If tariffs weren’t enough for markets to contend with, President Donald Trump has thrown another major worry into the market with the...

Investing.com deep dive: Is Jerome Powell’s job safe amid Trump's th...
April 18, 2025 11:07 PM AEST | By InvestingThis article first appeared in Investing.com

U.S. Treasury bond doomsdayers need to take a step back, CIBC econom...
April 18, 2025 04:49 AM AEST | By InvestingInvesting.com -- Bonds are in charge. This is the sentiment being relayed by market participants recently as they digest the impacts of President Trum...

Canadians post record investments in US equities for February
April 18, 2025 04:15 AM AEST | By InvestingInvesting.com -- In February 2025, Canadian investors increased their holdings in foreign securities, with a record investment in US equity securities...

Ontario's Ford unveils plan to streamline permits for Ring of Fire
April 18, 2025 02:25 AM AEST | By InvestingInvesting.com -- Ontario Premier Doug Ford announced today a comprehensive plan aimed at bolstering the province's economy and making it a more compet...

With Powell's job on the line, Fed's Williams sees no need to cut ra...
April 18, 2025 12:35 AM AEST | By InvestingInvesting.com -- Federal Reserve Bank of New York President John Williams expressed his view that the current interest rate policy is appropriate and...

LVMH CEO Arnault blames Brussels for tariff stalemate
April 17, 2025 10:45 PM AEST | By InvestingThis article first appeared in Investing.com

Surprise! China and Japan actually raised their US treasury holdings...
April 17, 2025 08:35 AM AEST | By InvestingInvesting.com -- Recent speculation that China and Japan were dumping U.S. Treasuries took a hit on Wednesday after a report from the U.S Treasury Dep...

Fitch cuts global growth outlook as trade war escalates
April 17, 2025 04:03 AM AEST | By InvestingInvesting.com -- Fitch Ratings has sharply downgraded its global growth forecast for 2025 amid mounting trade tensions. The agency cut its world growt...

Bank of Canada holds rates steady amid US trade policy uncertainty
April 17, 2025 12:35 AM AEST | By InvestingInvesting.com -- On Wednesday, the Bank of Canada (BoC) announced its decision to maintain the policy interest rate at 2.75%, aligning with consensus...

245% China tariff causes market confusion
April 17, 2025 12:09 AM AEST | By InvestingInvesting.com -- The markets were hit with more tariff confusion on Wednesday after the White House posted a fact sheet overnight showing that China n...

Futures slip, Nvidia falls on new U.S. chip restrictions - what's mo...
April 16, 2025 07:39 PM AEST | By InvestingInvesting.com - U.S. stock futures tick down on Wednesday, with President Donald Trump's tariff plans and updated U.S. rules on artificial intelligenc...

Futures slip, U.S. chip restrictions, earnings ahead - what's moving...
April 16, 2025 07:31 PM AEST | By InvestingInvesting.com - U.S. stock futures tick down on Wednesday, with President Donald Trump's tariff plans and updated U.S. rules on artificial intelligenc...

Honda rejects report of Canadian manufacturing exit
April 16, 2025 06:35 AM AEST | By InvestingInvesting.com -- Honda (NYSE:HMC) Canada denied media reports Tuesday that it plans to shift auto production out of Ontario in response to trade devel...

Trump eyes announcement on trade deals 'very soon;' China needs to m...
April 16, 2025 05:29 AM AEST | By InvestingInvesting.com -- The Trump administration is discussing deals more than 15 trading partners and could announced some agreement "very soon," U.S. Press...

Canada's March CPI report reveals slowed inflation
April 15, 2025 11:53 PM AEST | By InvestingInvesting.com -- The Consumer Price Index (CPI) in Canada increased by 2.3% year over year in March 2025, a slight dip from the 2.6% rise in February,...

CIBC’s Tal warns Canada is repeating population forecasting mistakes
April 15, 2025 06:57 AM AEST | By InvestingInvesting.com -- Canada is reportedly underestimating its future population growth due to flawed data assumptions, raising concerns about a repeat of...

Canada's February wholesale trade sees modest rise
April 15, 2025 01:03 AM AEST | By InvestingInvesting.com -- According to a report by Statistics Canada, the country's wholesale sales, excluding petroleum, petroleum products, other hydrocarbon...

BofA sees Bank of Canada rate cut to 2.50% on April 16
April 14, 2025 11:03 PM AEST | By InvestingInvesting.com -- BofA Securities has projected that the Bank of Canada (BoC) will lower its overnight policy rate by 25 basis points to 2.50% on April...