Canada has slipped into a technical recession, making Wednesday’s interest-rate decision a genuine coin toss. For the first time in a while, the central bank’s next move is not obvious.
The same day, a US inflation report could box in the Federal Reserve. Higher energy prices are pushing prices up just as the bank had hoped to ease.
Today’s USA & Canada Intelligence Brief covers domestic finance, markets, economy, and politics. We pulled it together from English and French Canadian sources, with no war stories.
Canada — A Recession Clouds the Rate Call
Into a Technical Recession
