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  • North American Outlook

    October 05, 2021 | 16:07

    Economy Hits Speed Bump Not Roadblock

    profile photo of Sal Guatieri

    Sal Guatieri

    Senior Economist and Director
    Economics

    Sal Guatieri is a Senior Economist and Director at BMO Capital Markets, with over two decades experience as a ma... (Read more)

    profile photo of Sal Guatieri

    Sal Guatieri

    Senior Economist and Director
    Economics

    Sal Guatieri is a Senior Economist and Director at BMO Capital Markets, with over two decades experience as a ma... (Read more)

    More
    Key Summary

    Supply shortages and the Delta wave have slowed the North American economy, but they are more delaying than derailing the recovery, and we expect solid growth to resume soon


    Seeing through the temporary downshift in growth and sensing a less transitory upshift in inflation, central banks are laying the groundwork for less stimulative policies


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