The Richard Smith Group
US consumers more optimistic about the economic outlook
Retail sales growth returns in September
The last week of November brings plenty of critical economic announcements in Canada, which will set the stage for the overall health of the economy heading into 2024.
As we approach year-end, economists are looking ahead to 2024 to determine what will happen in the Canadian economy and how that might impact financial markets.
The US Federal Reserve (the Fed) announced it’s holding the target range for the federal funds rate at 5.25% - 5.5% during the Federal Open Market Committee’s (FOMC) statement today.
The Bank of Canada (BoC) held the overnight rate at 5% today as it continues its policy of quantitative tightening.