Scotiabank Anticipates Global Economy to Remain Resilient Even as Activity Decelerates Slightly -- Market Talk

Dow Jones02-24

0736 ET - The global economy is set to lose some momentum in the coming years yet remain resilient to the trade tensions that have been heightened since early last year, Bank of Nova Scotia tells investors. The Canadian lender expects this to play out unevenly. For the U.S., Scotiabank expects growth will slow in the near term as the nation adjusts to higher tariffs and the lagged effects of monetary tightening. A sharp reversal in imports should limit the extent of the slowdown but won't be enough to bring inflation back to target, so the Fed is likely to cut its policy rate to 3% by 3Q. It expects Canada's economy will moderate, with growth of 1.5%-1.6% in 2025-2026 picking up to 2% next year. (robb.stewart@wsj.com; @RobbMStewart)

(END) Dow Jones Newswires

February 24, 2026 07:36 ET (12:36 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2613506719?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-24 20:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2613506719","market":"nz","top_or_hot":-1,"title":"Scotiabank Anticipates Global Economy to Remain Resilient Even as Activity Decelerates Slightly -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0736 ET - The global economy is set to lose some momentum in the coming years yet remain resilient to the trade tensions that have been heightened since early last year, Bank of Nova Scotia tells investors. The Canadian lender expects this to play out unevenly. For the U.S., Scotiabank expects growth will slow in the near term as the nation adjusts to higher tariffs and the lagged effects of monetary tightening. A sharp reversal in imports should limit the extent of the slowdown but won't be enough to bring inflation back to target, so the Fed is likely to cut its policy rate to 3% by 3Q. It expects Canada's economy will moderate, with growth of 1.5%-1.6% in 2025-2026 picking up to 2% next year. (robb.stewart@wsj.com; @RobbMStewart) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 24, 2026 07:36 ET (12:36 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Scotiabank Anticipates Global Economy to Remain Resilient Even as Activity Decelerates Slightly -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nScotiabank Anticipates Global Economy to Remain Resilient Even as Activity Decelerates Slightly -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-24 20:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0736 ET - The global economy is set to lose some momentum in the coming years yet remain resilient to the trade tensions that have been heightened since early last year, Bank of Nova Scotia tells investors. The Canadian lender expects this to play out unevenly. For the U.S., Scotiabank expects growth will slow in the near term as the nation adjusts to higher tariffs and the lagged effects of monetary tightening. A sharp reversal in imports should limit the extent of the slowdown but won't be enough to bring inflation back to target, so the Fed is likely to cut its policy rate to 3% by 3Q. It expects Canada's economy will moderate, with growth of 1.5%-1.6% in 2025-2026 picking up to 2% next year. (robb.stewart@wsj.com; @RobbMStewart) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 24, 2026 07:36 ET (12:36 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BNS","symbol_name":"丰业银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2613506719","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2613506719","pubTimestamp":1771936560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0736 ET - The global economy is set to lose some momentum in the coming years yet remain resilient to the trade tensions that have been heightened since early last year, Bank of Nova Scotia tells investors. The Canadian lender expects this to play out unevenly. For the U.S., Scotiabank expects growth will slow in the near term as the nation adjusts to higher tariffs and the lagged effects of monetary tightening. A sharp reversal in imports should limit the extent of the slowdown but won't be enough to bring inflation back to target, so the Fed is likely to cut its policy rate to 3% by 3Q. It expects Canada's economy will moderate, with growth of 1.5%-1.6% in 2025-2026 picking up to 2% next year. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BNS":"丰业银行","BK4207":"综合性银行"},"translate_title":"丰业银行预计，即使经济活动略有放缓，全球经济仍将保持弹性——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BNS":0.9},"content_text":"0736 ET - The global economy is set to lose some momentum in the coming years yet remain resilient to the trade tensions that have been heightened since early last year, Bank of Nova Scotia tells investors. The Canadian lender expects this to play out unevenly. For the U.S., Scotiabank expects growth will slow in the near term as the nation adjusts to higher tariffs and the lagged effects of monetary tightening. A sharp reversal in imports should limit the extent of the slowdown but won't be enough to bring inflation back to target, so the Fed is likely to cut its policy rate to 3% by 3Q. It expects Canada's economy will moderate, with growth of 1.5%-1.6% in 2025-2026 picking up to 2% next year. (robb.stewart@wsj.com; @RobbMStewart) \n\n\n  (END) Dow Jones Newswires\n\n\n  February 24, 2026 07:36 ET (12:36 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2613506719","isCrawlerRequest":true}