Statistics Canada says economic growth stalled in the first quarter and real gross domestic product was slightly negative on an annualized basis. Source: bnnbloomberg.ca

The U.S. faces some challenges in reducing its dependence on China given Beijing’s dominance in critical minerals and electronics manufacturing. Source: detroitnews.com

Fed governor Michelle Bowman said reacting to temporarily elevated energy-price inflation would add unwarranted policy restraint, weighing unnecessarily on economic activity and labor-market conditions. Source: wsj.com

The European Union’s six largest economies have agreed on a plan to implement a bloc-wide capital markets union, reaching a collective stance they say will help spur the continent to action after years of delay. Source: bloomberg.com

Weak rainfall means lower food production, higher inflation and slower rural growth. Source: bloomberg.com

U.S. Treasury Secretary Scott Bessent will argue on Friday that President Donald Trump’s economic policies are ‌helping to reverse decades of policy failures that left U.S. supply chains vulnerable and its economy too dependent on adversaries including China. Source: reuters.com