Apr 18, 2023 | Notes from the Desk
Notes From The Desk: CAD CPI – It’s All About The Base Inflation continued to decelerate in March, meeting consensus expectations. Annual CPI fell from 5.2% to 4.3% as lower energy prices more than offset higher mortgage costs and food...Apr 12, 2023 | Notes from the Desk
Notes From the Desk – Bank of Canada Decision – Patience Young Grasshopper As expected, the Bank of Canada (BoC) held rates steady at 4.5%. They also updated their economic forecasts: Inflation is expected to fall to 3% this summer and to 2%...Apr 12, 2023 | Notes from the Desk
Notes From the Desk – US CPI – Faint Progress US March inflation points to a slight moderation in price pressures. YoY headline CPI 5% vs 5.1% expected. YoY core CPI 5.6% vs 5.6% expected. Consumers are getting some relief on food and energy...Mar 23, 2023 | Notes from the Desk
Notes from The Desk – FOMC Meeting – The Dot Plot Thickens The Federal Reserve (Fed) raised the overnight rate by 25bps on Wednesday afternoon, bringing the range to 4.75-5%. The Fed also softened the language about future rate hikes indicating that they will...Mar 14, 2023 | Notes from the Desk
Notes from the Desk – North American Labour Markets Remain Strong. Once again, more people than expected found work on both sides of the border. Canada: • Employment increased by 21.8k vs 10k expected. The mix was strong with 31.1k full-time jobs created and...
