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Chile's finance minister expects GDP to grow 3% in 2027 and 2028, rising to 3.5% by 2030.

2026-06-11

Chile's finance minister expects GDP to grow 3% in 2027 and 2028, rising to 3.5% by 2030.

Other News
2026-06-10

Market consensus is for the Bank of Canada to hold rates at the upcoming decision. Goldman expects a hold, balancing weak domestic activity against Iran-related inflationary pressure, and says the statement will likely stress the bank is "ready to ac

Market consensus is for the Bank of Canada to hold rates at the upcoming decision. Goldman expects a hold, balancing weak domestic activity against Iran-related inflationary pressure, and says the statement will likely stress the bank is "ready to act as needed" if inflation persists. JPMorgan flags a mild dovish risk to the Canadian dollar and prefers short USD/CAD positioning. Wells Fargo is an outlier, forecasting a July hike and another increase in Q4, viewing the near-term policy path as biased higher. BMO and RBC judge rates will likely remain unchanged through 2027 absent a year-end pickup in growth and employment. CIBC and Scotiabank see the economy too weak to support hikes; CIBC notes a 2026 cut could become the most likely outcome if Canada-US trade talks go poorly. BMO adds that sustained oil-price declines would increase the case for cuts next year. BBH expects the BoC to keep two-way policy options and views market pricing of >50bps of tightening over 12 months as too high. RSM warns a persistent energy-price shock could force a BoC hike this autumn. Centurion says two consecutive quarters of GDP decline are unlikely to change the bank’s hawkish rhetoric aimed at anchoring inflation expectations.
2026-06-11

WTI crude opened slightly higher on Thursday as U.S. forces are carrying out strikes on Iran.

WTI crude opened slightly higher on Thursday as U.S. forces are carrying out strikes on Iran.
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