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The Weekly Bottom Line: Searching for the Signal Amidst A Lot Of Noise

Canadian Highlights Next Monday’s federal election will be the show stealer. The Liberals are ahead in the polls, and if they do indeed prevail, we could see more government spending than what we baked into our forecast. Even with a potential government stimulus boost, the economy is still likely poised to sour in the coming […]

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Weekly Economic & Financial Commentary: Fed Remains in a Holding Pattern

Summary United States: Holding the Line Hard economic data broadly remain resilient and continue to hold the line, even as sentiment and survey data show trade-policy-induced uncertainty is a foremost concern. Regional purchasing manager indexes and the Beige Book were weighed down by the uncertain outlook, while durable goods orders came in stronger than expected. […]

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Canada’s Elections Put North American GDP Data in Focus

With Canadians heading to the polls on Monday, we’re watching February’s gross domestic product report on Wednesday, including an early estimate for March, for clues on what type of economy the next government inherits as tariff headwinds continue to build. We expect a flat reading for February GDP—broadly in line with Statistics Canada’s early estimate […]

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