Policymakers were reluctant to predict whether the next change in interest rates would be up or down, citing volatile data and elevated trade-policy uncertainty.
Canada’s economy is on track to shrink slightly in the final quarter of 2025, with the steepest contraction in almost three years notched in October and early signs pointing to only a modest recovery last month.
Consumer sentiment in the U.S. weakened for a fifth consecutive month in December, amid enduring concerns over jobs and business conditions, a monthly survey said.
Demand for U.S. durable goods fell in October, following two consecutive monthly increases, according to delayed data published by the Commerce Department.
Canada’s consumer is exiting 2025 in better shape compared with earlier in the year after shrugging off concerns of a trade war and other macroeconomic concerns that had weighed on spending.
Many of China’s other large developers have already defaulted, and a Vanke collapse would raise questions about how policymakers plan to address the real-estate slump as it drags on into a sixth year in 2026.
An advance tally indicates sales rose 1.2%, following declines the previous two months, hinting at a recovery in household consumption heading into the holiday season.
Eurozone consumer sentiment unexpectedly weakened in December despite cooling inflation and economic resilience against tariffs, a monthly indicator showed.
The Conference Board’s Employment Trends Index declined to 105.80 in a joint number for both months, fueling further concerns about hiring after the unemployment rate edged higher.
