Mar 20, 2024 | Notes from the Desk
Notes From The Desk – FOMC Meeting – Sticking To The Plan Today’s FOMC meeting was more about what did not change. Given the stronger-than-expected inflation data this year, the market feared that the Federal Reserve (Fed) would dial back the...Mar 19, 2024 | Notes from the Desk
Notes From the Desk: Canadian Inflation – The Trend Is Your Friend February’s CPI data surprised to the downside, opening the door wider for the Bank of Canada (Boc) to cut rates later this year. The Numbers. YoY CPI: 2.8% (3.1% expected) YoY CPI Trim: 3.2% (3.4%...Mar 8, 2024 | Notes from the Desk
Notes From the Desk: North American Employment Data – The Moderation Continues North American employment data points to continued improvement in the supply-demand imbalance. By The Numbers. Canada 7k jobs created (20k expected) – the mix was good with 70.6k...Mar 6, 2024 | Notes from the Desk
Notes from the Desk – Bank of Canada Meeting – Much Ado About Nothing The Bank of Canada (BoC) held rates steady at 5% this morning. Although Governor Macklem reiterated that he believes rates are high enough, and that the real question is how long the...Feb 20, 2024 | Notes from the Desk
Notes From the Desk: CAD CPI – A Pleasant Surprise After months of speculation and anticipation regarding the impact of higher rates on inflation, the Bank of Canada (BoC) received positive news with today’s CPI report. By the Numbers. ...
