日本央行行長植田和男：泡沫破裂後，企業削減投資，並花費多年時間償還債務、修復資產負債表。

BMO Capital Markets chief economist Douglas Porter said in a weekend report that Canada’s federal budget contains larger-than-expected fiscal stimulus, prompting BMO to raise its 2027 GDP forecast to 2.0% from 1.8%. He noted the Bank of Canada has raised rates to counter higher inflation expectations and may tighten further, calling the fiscal and monetary directions “pulling in opposite directions.” Porter added weak employment, falling oil prices and a tech sell-off could prompt BoC policymakers to reassess whether a further hike in December is necessary.

US nonfarm payrolls rose 165,000 in Oct and the unemployment rate fell to 4.1%, the Labor Department said Friday; the prior two months’ payrolls were revised up. Resilient consumer spending and strong business investment have supported demand and corporate profits, prompting firms to hire; gains were broad-based, led by professional and business services and healthcare. Ahead of the Fed’s Dec meeting officials will receive another jobs report and full inflation data; after the release short-term interest-rate futures fell and traders increased odds of a Fed rate hike in December following a Sept hike and an Oct pause.