Economy

IMF cuts U.S. growth forecast as tariffs and uncertainty weigh on outlook
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 weakening domestic demand. In its April 2025 World Ec

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 calling of the head of Federal Reserve Chairman

Investing.com deep dive: Is Jerome Powell’s job safe amid Trump's threats?
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 economist says
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 Trump's trade policy. In fact, the bond market was giv

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, according to a report by Statistics Canada. A to

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 competitive place to invest within the G7. The plan targ

With Powell's job on the line, Fed's Williams sees no need to cut rates
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 does not require immediate adjustment.

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 in February
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 Department showed that foreign holdings of Treasuries

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 growth estimate by 0.4 percentage points, trimming U.S.

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 expectations. This decision comes after a series o

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 now faces a tariff of up to 245% on imports of cert

Futures slip, Nvidia falls on new U.S. chip restrictions - what's moving markets
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 intelligence chip exports to China in focus. Nvidia (NASDAQ:N

Futures slip, U.S. chip restrictions, earnings ahead - what's moving markets
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 intelligence chip exports to China in focus. Nvidia (NASDAQ:N

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 developments. “No changes are being considered at thi

Trump eyes announcement on trade deals 'very soon;' China needs to make first move
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 Secretary Karoline Leavitt said on Tuesday.

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, and lower than analyst expectations of 2.7%, as p

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 past planning errors that fueled today’s housing

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 hydrocarbons, oilseed, and grain, saw a 0.3% increase, reachi

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 16. This expectation comes amid signs that econom

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