Canadian bank leaders see struggles for the Canadian economy ...Middle East

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Canadian bank leaders see struggles for the Canadian economy
RBC execs:Expect Canadian economy to continue softening in 2025 with GDP and population growth slowingCredit losses to be in the mid 30s and peaking in the second half of the yearCanadian economy has been underperforming, expects BOC to continue cutting rates more aggressively than the FedBackdrop in the US has been far more resilientPotential of expansive US fiscal policy could create uncertainty around the size and timing of monetary policy actionsNational Bank execs:Canadian economy to experience slower growth in H1 as interest rates remain restrictiveEconomy will face uncertainties related to path of mon pol and divergence between the BOC and FedChallenging credit environment expected to

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