The case for a June rate cut: Desjardins
Inflation looks temporary, but growth risks persist
- By: James Langton
- June 2, 2025 June 2, 2025
- 10:18
Inflation looks temporary, but growth risks persist
Premiers to press PM to speed up approvals for major projects
Retaliatory measures could take effect July 14
The central bank is expected to hold rates on Wednesday, but some economists say there are "psychological" reasons for a cut
However, economists say the underlying data 'wasn’t as impressive as it looked'
That compares with $50.9B deficit in the same period of 2023-2024
CEO reports progress one year after posting a $117.5M quarterly net loss
Consumer prices rose just 2.1% in April compared with a year earlier, down from 2.3% in March
Stock market gains and rising corporate profits boosted performance-linked compensation
Tim Leissner admitted to bribing officials and helping steal over $4.5B from Malaysia state fund
Exporters rushed to sidestep U.S. tariffs, pushing GDP higher despite housing slowdown and weak household spending
Flows into low-cost vehicles far outpaced mutual funds over the past decade: Morningstar
The U.S. administration is expected to seek a stay of the decision, which would keep the levies in place pending an appeal
Monthly payrolls shrink, total labour demand contracts
Canadian commercial banking and wealth management segment posted a net income of $549M
Revenue rose to $15.7 billion as profit and loan loss provisions increased
Officials call for urgent provincial action to address crisis and climate risks
U.S. labour market remains strong with steady job growth and low unemployment
Imports surge ahead of Trump tariffs, dragging GDP into first decline in three years
Tariffs complicate interest rate decisions, despite Trump's push for lower borrowing costs
Declining real estate values in China helped drive overall drop in real prices
The bank's provision for credit losses amounted to $1.05 billion
Gen Z consumer debt grew by nearly a third in Q1 compared to a year earlier