Oct 18, 2022 | Notes from the Desk
Notes from the Desk – Canadian Business Outlook Survey Q3 saw Canadian business sentiment experience its third-largest drop, behind only the Great Financial Crisis and the pandemic. Although expectations for sales, cap-ex, and hiring all declined, 77% of firms...Oct 7, 2022 | Notes from the Desk
Notes From the Desk – September Employment Data This morning’s North American data can be summarized as meeting expectations. By the Numbers: US 263k jobs created (255k expected) YoY wage growth as expected at 5% Unemployment rate dips to 3.5% (3.7% expected)...Sep 22, 2022 | Notes from the Desk
The Federal Reserve (Fed) delivered a 75bps rate hike, bringing policy rates into the 3.0-3.25% band. The Fed’s median forecasts for overnight rates: End of 2022 – 4.4% End of 2023 – 4.6% End of 2024 – 3.9% End of 2025 – 2.9% During the press...Sep 20, 2022 | Notes from the Desk
Notes From The Desk: Canadian Inflation – A Glimmer of Hope Canadian inflation slowed in August, with headline CPI coming in at 7% (7.3% expected) as lower gasoline prices offset rising food costs. The closely watched average of the three core measures also...Sep 13, 2022 | Notes from the Desk
Notes from the Desk – US CPI – Still Too Hot Today’s CPI number disappointed those looking for signs that the Federal Reserve (Fed) could ease off the brakes. Annual inflation came in at 8.3% (8.1% expected) as increases in food prices offset the drop in...
