Global rate cycle has turned, but central banks to stay cautious
Services inflation is running hot, while goods disinflation is set to slow, NBF says
Rate cuts on tap this year, although size and timing remain data driven
But consumer-friendly reforms are needed to sustain growth
Cost of latest trade salvo is low, but it escalates tensions, Moody's says
The central bank said it will reduce the minimum down payment for mortgages
Protectionism has negative implications for output, employment and inflation
Risk of a trade war, inflation, higher interest rates accompanies U.S. vote
Short-term strength overshadowed by rising rate uncertainty
Risks remain to the downside for economy, Desjardins says