Springing forward

Insights


14 minutes, 30 seconds to watch by  Eric Lascelles Mar 30, 2024

Our Chief Economist sifts through the data and finds more reasons for qualified optimism:

  • It’s more likely now we’ll avoid a full recession.

  • Central banks are signaling that interest rate cuts may be starting soon.

  • Inflation continues to fall in Canada, while persisting in the U.S.

  • Jobless claims remain low, supporting stable economic growth.

On the other hand, it's likely to be a slow journey downward for inflation. Canada has some unique challenges, but in general there’s more evidence the economy is growing rather than declining.

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      Watch time: 14 minutes, 30 seconds

      For more information, read this week's #MacroMemo