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The Rate Cuts Are Over — Is a Hike Coming?

  July 23, 2026 Oil shocks, sticky inflation and a technical recession are pulling the Bank of Canada in opposite directions at once. For most of the past two years, the only question about the Bank of Canada was how far and how fast it would cut. The overnight rate fell from 5.00% to 2.25% between June 2024 and October 2025, one of the sharpest easing cycles in the Bank's history, and it has held there through six consecutive decisions since. That story is now over. The question on the table for the rest of 2026 isn't whether the Bank cuts again — it's whether the next move is actually a hike. Two conflicting signals, one Bank The case for staying put — or even cutting — comes from the growth side of the ledger. Statistics Canada data showed the economy contracted in both the fourth quarter of 2025 and the first quarter of 2026, meeting the informal definition of a technical recession. That was enough to have some economists warning the Bank had no room to raise rates at a...
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China’s Economic Recovery in 2024: Challenges and Opportunities



China’s economy is expected to face a “slow and bumpy” recovery in 2024, according to a report by Bloomberg News. The report suggests that China is likely to hit its growth goal of about 5% for 2023, but deflation risks, the housing crisis, and a lingering confidence crunch could derail efforts to build momentum in 2024.

The Chinese government has been implementing targeted stimulus measures to boost the economy, but the recovery is expected to be slow and bumpy as these measures trickle through to investment sectors and the property recovery proceeds at a snail-like pace.


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