Latest news in Research and Markets

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

Open banking is promising, will take time: DBRS

Competition may get a boost, but Big Six will remain dominant

Apartment rent

Soaring housing costs limiting population mobility across Canada: CMHC

Employers in expensive cities have to offer higher salaries to attract talent, which raises expenses and lowers productivity

Household debt burden

Bank of Canada cut will prompt lower variable mortgage rate costs: Ratehub

The Big Six banks have decreased their prime rates to 5.2%

Graphic of U.S. currency

U.S. economy grows solid 2.3% from October to December, 2.8% for full year 2024

Q4 growth came in below economists' expectations; the economy grew 2.8% during the year

European Union headquarters

European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy

The ECB's benchmark rate sits at 2.75% now, as consumers fret about inflation and businesses navigate political risk

The Fed - Washington DC - Policy and Politics

Fed hold rates steady amid ‘solid’ job market and ‘somewhat elevated’ inflation

The central bank said it is harder to gauge where inflation is headed, in part because of uncertainty around Trump's policies

Crumbling bank

EU banks face tricky stress test

Exercise will examine turmoil driven by geopolitics, trade uncertainty

Bank of Canada building

Experts say Canada-U.S. interest rate gap here to stay

The divergence in rates, one of the factors weighing on the Canadian dollar, could persist for the next decade

Bank of Canada note

BoC cuts key rate by quarter point to 3% as tariffs threat looms

This is the central bank’s sixth consecutive cut since June

Canadian flags in business district

Most Canadian business leaders support dollar-for-dollar retaliatory tariffs: KPMG

Six in 10 businesses surveyed said they could withstand a prolonged trade war with the U.S.

German colours against chart

Germany slashes its GDP growth forecast for 2025

It now expects the economy to grow at just 0.3% this year

happy senior couple sitting on a bench in the park

Canadian retirement readiness little improved: NIA

Social isolation, financial insecurity, health care barriers plague retirees

Inflation graphic

Weak loonie, trade war could drive food prices higher: Metro

Trade disruptions could threaten normalization of food inflation, grocery giant CEO says

Canada U.S.

Tariffs would be costly hit to auto sector where trade is balanced: TD report

Moving production fully to the U.S. estimated to cost auto producers US$50 billion

Busy mall

U.S. consumer confidence dips

The Conference Board's consumer confidence index fell to 104.1 this month from 109.5 in December

Trump bump: U.S. citizenship renunciation inquiries surge in Canada, lawyers say

The U.S. is one of the few countries that imposes tax based on citizenship, not residency

US Canadian dollar

‘People are panicking’: Snowbirds rush to sell Florida homes as loonie tanks

Canadians made up nearly one-quarter of foreign sellers in Florida between April 2023 and March 2024: report

Trump’s tariff threat worked on Colombia, but his plans for Canada and Mexico carry higher stakes

Proposed tariffs on Canada, Mexico estimated to increase inflation in the U.S. by as much as 0.5 percentage points

China flag

What is DeepSeek, the Chinese AI company upending the stock market?

Nvidia shares fell on 17% Monday, losing a record $589 billion in market capitalization

Parcels on conveyor belt in a warehouse

Provinces face divergent tariff threats

Ontario, Quebec manufacturing, Alberta energy most exposed, rating agencies say

Green globe in forest

Fitch eyes new metric to flag sovereigns’ climate risks

Rating agency consults on process for systematically identifying climate threats

Scotiabank

Derek Holt lets fly with spirited note to investors

"Maybe Ben Bernanke can help out Mr. Trump with a lesson on the various factors leading up to the Great Depression," Scotiabank VP writes

  • By: Kevin Press
  • January 27, 2025 January 28, 2025
  • 14:35

ESG social media posts are often ‘window dressing’: study

Increased ESG messaging doesn’t always translate into tangible action

Benjamin Franklin

Federal Reserve expected to stand pat on rates even as Trump demands cuts

Pace of rate cuts expected to slow this year given positive economic reports

Tiff Macklem

Economists expecting sixth straight — but more modest — rate cut from Bank of Canada

Canada's central bank has lowered its overnight rate five consecutive times