PCE Data and a Meeting with Zelenskiy
Bloomberg Surveillance
Economic Insights: Canada and U.S. Interdependence
This chapter explores recent positive economic data from Canada, including a notable GDP revision, while assessing the potential impact of U.S. tariffs on Canadian growth and vice versa. The discussion highlights the contrasting realities of a bifurcated U.S. economy and the resilience of affluent Americans against the challenges faced by the majority. Additionally, it examines the implications of consumer credit data, monetary policy, and the vital economic relationship between Canada and the U.S.
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