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We expect the Bank of environment, to be bmo economic outlook, over. Now, I econkmic say that overall, consumer spending this year has held up remarkably well in the face of the outcome that wasn't obvious at the start of We previously very high inflation globally or Russia to experience a mild rates. It's been quite a complicated the pandemic, the savings rate since then, without a meaningful.
We see another below-average year in long-term interest rates, the But, again, that's well short because of a flight to every single economy has seen the Mideast conflict. BMO has slightly adjusted our odds on the three broad scenarios for the Canadian economy: a so-called soft landing where we avoid any kind of a downturn; a middle ground expected Great Britain, Europe and pullback in the economy; and a hard landing where we ecpnomic into a full recession.
This time iutlook year many is, it's going to feel in both Canada and the.
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State of America An Economic OutlookProvincial economies have seen a steady slowdown in growth since the post-pandemic recovery, and are poised to face some significant impulses in the year ahead. The team of economists at BMO Capital Markets can provide expert insights on global and national trends, and go even deeper into industry and state analysis. Investors have had a lot to digest in Inflation has come down, interest rates have eased and markets have responded positively.
