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%...Apr 5, 2024 | Notes from the Desk
Notes From the Desk- North American Employment Data – Central Bank Conundrum Today’s employment data does not make steering monetary policy any easier for the Federal Reserve (Fed) or Bank of Canada (BoC). The US economy continues to produce plenty of...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...
