The US economy added 1,763,000 jobs in July and the unemployment rate fell. The Canadian economy created 419k jobs in July and the unemployment rate fell. More in Dan's latest blog.
The Federal Reserve left interest rates unchanged at 0% - 0.25% and left all its other existing lending programs unchanged as well, clearly indicating that the economy will be in need of all the monetary support possible for the foreseeable future.
COVID-19 sent tremors throughout the world, and the devastating economic effects are palpable. As we continue to find our way through the uncertainty, questions about the current state of the economy and future recovery continue to linger.
Regardez la présentation d'Alexis Garatti, responsable de la recherche économique chez Euler Hermes, qui parle de l'impact de la COVID-19 sur l'économie mondiale.
Seulement disponible en anglais.