Jul 5, 2024 | Notes from the Desk
Notes From the Desk: Today’s Employment Data – Bolstering the Case for Lower Rates June’s employment data has bolstered the case for lower rates. By the numbers: US June employment 206k (190k expected). The slightly higher number is...Jun 25, 2024 | Notes from the Desk
Notes From the Desk – CAD May CPI – A Thorn in the Side Canadian May CPI was well above expectations, halting the trend of falling prices. By the numbers: YoY headline CPI – 2.9% (2.6% expected) YoY CPI Median – 2.8% (2.6%...Jun 12, 2024 | Notes from the Desk
Notes From The Desk: The Fed Announcement – Give & Take. As expected, the Federal Reserve (Fed) left rates unchanged, but they did adjust their projections on the timing of cuts, pushing them further into the future. The dot-plot thickens. ...Jun 7, 2024 | Notes from the Desk
Notes From the Desk: North American Jobs Data – A Ball of Confusion Divergence remains the theme for the Canadian and US economies. The labour market remains strong south of the border but continues to soften in the great white north. By the numbers:...Jun 5, 2024 | Notes from the Desk
Notes From the Desk: Bank of Canada Rate Announcement – Let’s Enjoy The Moment The Bank of Canada (BoC) became the first G7 central bank to cut rates this morning, lowering the overnight rate from 5% to 4.75%. Reading the tea leaves: The...May 21, 2024 | Notes from the Desk
Notes From The Desk: CAD Inflation – The Trend is Your Friend (May-21-2024) Canadian inflation declined for the fourth month in a row, with all measures now below 3%. By the numbers: Headline CPI fell from 2.9% last month to 2.7% (2.7%...
