BMO Capital Markets revised its outlook on Metro Inc . (TSX:MRU:CN) (OTC: MTRAF), upgrading the stock from Market Perform to Outperform and increasing the price target from Cdn$92.00 to Cdn$96.00. The adjustment came after the stock experienced a pullback following the company’s first quarter fiscal year 2025 results.

The online poll also found 48 per cent of those surveyed believed the economy will weaken over the next year, while 19 per cent expect it to improve. Despite the pessimism among respondents, BMO Capital Markets senior economist Robert Kavcic said the global economy is expected to grow this year.

The Treasury Department is preparing a record-size auction for government debt that expires in 10 years. This afternoon $20 billion worth of 10-year Treasury inflation protected securities will be issued,

BMO Capital raised the firm’s price target on Invesco (IVZ) to $21 from $19 and keeps a Market Perform rating on the shares after its Q4

Canada's annual inflation rate slowed to 1.8 per cent in December after rising 1.9 per cent in Novem ber, as the temporary GST tax break brought down the price of restaurant meals, alcohol and toys. Economists polled by Reuters had expected inflation to remain unchanged at 1.9 per cent last month.

Inflation and interest rates might not ease much anytime soon, but both the Phoenix and U.S. economies start 2025 in good shape, according to GPEC.

It operates through Canadian P&C, U.S P&C, BMO Wealth Management, and BMO Capital Markets segments. The company’s personal banking products and services include deposits, mortgages, home lending ...

Tuesday, Sienna Senior Living Inc. (SIA:CN) (OTC: LWSCF) received a new Outperform stock rating from BMO Capital Markets, with a price target set at Cdn$17.00. The initiation of coverage ...

Additionally, 61 percent believe inflation is high and expect it to increase further. The survey revealed that 44 percent of Canadians spend an additional $100–$300 monthly on basic expenses, while 38 percent report spending over $300 more.

WASHINGTON (Reuters) - Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this year, but feels rising wages, buoyant financial markets, geopolitical risks, and upcoming administration policies could slow the process and keep price pressures elevated.

The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed plans for more rate cuts