Watkins Group
A final reading of U.S. economic growth revealed the economy expanded faster than earlier estimates had shown.
Looks like it’s back to volatility I’m afraid, as Central Banks have been squarely in the spotlight this week.
All eyes were on the U.S. this week, as the markets tried to anticipate what the Fed would do.
In an unexpected move, the Bank of Canada (BoC) returned to hiking its key interest rate, with inflation running at elevated levels and Canada’s economy remaining relatively robust.
With the debt ceiling drama behind us, markets are reacting with positive momentum to end the week. In the first quarter of 2023, Canada’s economy posted its fastest pace of annualized growth since th...