Explaining Economics with BMO’s Chief Economist 

and why it matters to you 

In a recent BMO Real Financial Progress Index, many Americans reported feeling concerned about their personal finances amid increased economic uncertainty and market volatility.  And for those who are new to economics in general, it can be hard to bridge the gap between the two. In fact, economic terms and concepts can seem like a foreign language – making it easy to feel overwhelmed before even getting started. 

Enter Doug Porter, Chief Economist at BMO. He’s here to help demystify and explain economics – what it is, how it works, and the role it plays in our everyday lives (spoiler alert: it may surprise you how often it shows up!). 

Understanding what’s happening in the economy can give you a leg up on important personal financial decisions and goals you may have. In the spirit of BMO’s commitment to helping our clients make financial progress through financial literacy – and alongside important economic releases coming up (like the U.S. Federal Reserve Meeting on September 17) – it’s the perfect time to unpack these concepts. 

Check out Doug’s insights below.  

To learn more about events affecting the U.S. and global economy, be sure to visit BMO Economics for up-to-date information and releases from our leading experts