International Economic Week in Review: International Potpouri
By: HaleStewartThis was a modest week of international news. Canadian news was light this week, with building permits being the main release. Permits dropped 2.6%, but remain in the 775-850 range, where they’ve been for the last 10 months: The Bank of Canada recently imposed increased lending restrictions, where were summarized in the latest Senior Loan Officer Survey: Overall, household lending conditions tightened in the first quarter of 2018, driven by mortgage-related lending (Chart 1). Read more
