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...Apr 16, 2024 | Notes from the Desk
Notes From the Desk – Tracking Trends: CAD CPI on the Downward Path Governor Macklem and Co. are going to be pleased with the March CPI data. By the numbers: Headline CPI 2.9% (2.9% expected) CPI Median 2.8% (3% expected) CPI Trim 3.1% (3.2% expected)...Apr 10, 2024 | Notes from the Desk
Notes From The Desk: Two For One Special – US Inflation & The BoC US Inflation. US CPI came in hotter than expected for the third month in a row. Headline inflation printed at 3.5% (vs. 3.4% expected). Core inflation came in at 3.8% (vs. 3.7%...
