OTTAWA, Oct 1 (Reuters) - The Bank of Canada expects to release baseline projections for the economy and inflation with its monetary policy report in October, its summary of deliberations released on Wednesday showed. The central bank had stopped giving definitive estimates for Canada's economy from the second quarter and instead opted to lay out a range of projections based on how U.S. tariffs impact the economy. Governor Tiff Macklem had based the decision to pause baseline estimates on extreme uncer ...

The Fed is forecasting economic growth and falling unemployment, yet it is cutting interest rates—something usually seen in recessions. U.S. stocks hit a record high yesterday, and some Wall Street analysts are concerned that this all looks a bit frothy. The U.S. Federal Reserve’s “Summary of Economic Projections,” published this week, shows that the central bank believes the economy will grow through 2028. In June, their change in GDP estimate for 2025 was 1.4%. Now, it’s 1.6%. It’s even rosier for 202 ...