The Federal Reserve left benchmark interest rates unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Trump pursues.

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.

U.S. economic growth decelerated in the fourth quarter, but still grew at a solid rate, powered by an uptick in consumer spending.

US consumer prices rose in December by less than forecast after months of faster underlying inflation persuaded the Federal Reserve (Fed) to signal a pause in interest-rate cuts.

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.

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 ...

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,

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.

BMO Capital Markets and Rand Merchant Bank have emerged as the leading financial advisers in the Middle East and Africa (MEA) region in the financial services sector for mergers and acquisitions ...

Officials from the Bank of Canada delivered a warning shot about the likely spillover effect of a trade war with the U.S. - with the likely outcome being slower economic growth and higher inflation for both countries. The BoC laid out this case in conjunction with a decision to cut interest rates by a quarter-point increment to 3%.