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US economy expected to post solid GDP growth in Q4 despite high interest rates

The Gross Domestic Product (GDP) report for the fourth quarter, to be released by the Bureau of Economic Analysis (BEA) on Thursday, is forecast to show an expansion of the US economy at an annualized rate of 2% following the impressive 4.9% growth recorded in the previous quarter.
United States San Francisco United Kingdom Raphael Bostic Mary Daly Us Bureau Of Economic Analysis

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Canadian Dollar roils after US PMI data beat overshadows BoC rate hold

The Canadian Dollar (CAD) fell on Wednesday, pushed lower across the FX market as the Loonie struggles under the weight of a dovish Bank of Canada (BoC) that is still extremely cautious on rate cuts with Canadian inflation not expected to return to the BoC’s 2% target until 2025.
Us Sp Global Services Canadian Dollar Boc Governor Tiff Macklem Manager Index Japanese Yen Swiss Franc

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