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%...May 15, 2024 | Notes from the Desk
Notes From the Desk: US Inflation – Holy Relief Trade Batman (May 15 2024) After three months of surprises to the upside, April’s US inflation data was in line (to a touch softer) with the consensus expectations. By the numbers: MoM Headline...May 3, 2024 | Notes from the Desk
Notes From the Desk: US Payrolls – Soothing Nerves After a few months of strong data, today’s payroll numbers will offer central banks a touch of relief. By the numbers: The US added 175k jobs versus expectations of 240k. Unemployment rose...May 2, 2024 | Notes from the Desk
Notes From the Desk – FOMC Meeting: Steady as She Goes Today’s FOMC meeting was as expected. The Federal Reserve (Fed) kept rates unchanged while announcing well-telegraphed changes to Quantitative Tightening (QT). The key points: The Fed believes...
