Moderate US consumer spending, increasing prices raise specter of stagflation
U.S. consumer spending rebounded less than expected in February while a measure of underlying prices increased by the most in ...
BMO upgrades Check Point on stronger growth and valuation upside
BMO Capital Markets upgraded Check Point Software Technologies (NASDAQ:CHKP) Ltd to Outperform from Market Perform, citing increased confidence in the company’s growth trajectory and a reasonable ...
Fed sees higher inflation and slower U.S. economy due to uncertainty tied to Trump tariffs
Scott Anderson, chief U.S. economist at BMO Capital Markets, said Powell might have a tougher test at his next press ...
Annual rate of inflation accelerates sharply to 2.6% in February as tax break ends
The annual rate of inflation accelerated sharply to 2.6 per cent in February as the federal government's temporary tax break came to an end mid-month, Statistics Canada said Tuesday.
Falling stock values are doing 'heavy lifting' for Fed on inflation: BMO
Recent declines in U.S. stocks are likely not large enough to make it onto the Federal Reserve’s radar, and officials probably welcome a modest correction in risk assets, BMO Capital Markets ...
Baldwin Insurance stock gains after BMO starts coverage at Outperform
Baldwin Insurance Group (BWIN) shares advanced 3.2% in Thursday morning trading after BMO Capital Markets initiated coverage ...
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Fed Expected to Cut Rates Twice This Year Despite Inflation Concerns
A new survey of economists by Bloomberg says they expect two Federal Reserve rate cuts to come in September and December this year, but also weaker growth and higher inflation in 2025.