North American Outlook: Turning Point?
North American Outlook: Turning Point?
Director and Senior Economist
Sal Guatieri is a Senior Economist and Director at BMO Capital Markets, with three decades experience as a macro economist. With BMO since 1994, his main responsibi…
Sal Guatieri is a Senior Economist and Director at BMO Capital Markets, with three decades experience as a macro economist. With BMO since 1994, his main responsibi…
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A still-strong U.S. economy will be tested by past rate hikes and other headwinds that risk a harder landing, and could drag a struggling Canadian economy down with it.
Sturdy U.S. growth and stubborn services inflation risk further policy rate hikes. While we lean toward inaction, policymakers are unlikely to reverse gears until the second half of 2024.
