The Weekly Bottom Line: Canada – Rate Cuts on the Horizon
U.S. Highlights There was no reprieve in U.S. data this week for those concerned the […]
BoC members divided on rate cut timing, united on gradual easing approach
BoC’s April meeting summary revealed a “diversity of views” among its members concerning the timing […]
The Weekly Bottom Line: Dialing Back Expectations
U.S. Highlights U.S. headline retail sales beat expectations in March, advancing for a second consecutive […]
Market Continues to Price in a Plethora of Rate Cuts for 2024
Market is still in monetary easing mode despite fewer rate cuts priced in across the […]
Higher Energy Prices Masked Another Downside Canadian Inflation Surprise in March
Canadian CPI growth ticked up to 2.9% year-over-year in March from 2.8% in the prior […]
Bets on June Fed Rate Cut Abandoned, Dollar Asserts Dominance
The financial markets were jolted last week by data confirming the stall in disinflation progress […]
The Weekly Bottom Line: One Hundred Days into 2024, Rate Cuts Remain on the Horizon
U.S. Highlights Inflation, as measured by the Consumer Price Index, accelerated to 3.5% year-on-year in […]
Weekly Economic & Financial Commentary: No, No, After You
Summary United States: Are We There Yet? The March consumer price data dominated the economic […]
Canadian Inflation to Tick Higher as BoC Considers Rate Cuts
The Bank of Canada will be focused on the March Canadian consumer price index report […]
Policy Divergence Really Matters
Monetary policy settings across countries only make sense by also considering the fiscal context. In […]
ECB Meets Today But the Decision Itself (Status Quo) Won’t Be Surprising
Markets Above-consensus CPI, driven by low 2023 base effects and far more important by (very) […]
BoC nears interest rate cuts as inflation eases, says Macklem
BoC Governor Tiff Macklem, at a Senate committee testimony, indicated that Canada is edging closer […]