Choose your settings
Choose your language
Retail Rate Forecasts

Financial Turbulence Could Signal an Important Turning Point for Markets

March 31, 2023
Jimmy Jean, Vice-President, Chief Economist and Strategist
Lorenzo Tessier-Moreau, Principal Economist • Hendrix Vachon, Principal Economist

The global economy remains surprisingly resilient.

The Bank of Canada is holding its key rate steady at 4.50%.

Recent financial stress hasn’t been benefiting the US dollar.

Financial system risks could hurt stock market returns.