Canada’s GDP Stalls in Second Quarter of 2023
The Canadian economy contracted by 0.2% quarter/quarter annualized (q/q) in 2023 Q2. Furthermore, the flash […]
The Weekly Bottom Line: Yields Drift Higher, As Macro Narrative Shifts
U.S. Highlights The big news this week was U.S. Treasury yields reaching the highest point […]
Canada: Inflation Back Above 3% in July, Thanks to Higher Energy Prices
Consumer price inflation ticked up to 3.3% on a year-on-year (y/y) basis in July, up […]
The Weekly Bottom Line: Word of the Week is Inflation
U.S. Highlights The U.S. economy had good news on the inflation front this week, as […]
Forward Guidance: Canadian Inflation Likely Inched Up in July
Canada’s July CPI report lands among a slew of releases next week. But with the […]
The Weekly Bottom Line: Tighter Credit Weighs on Resilience
U.S. Highlights Fitch became the second major credit rating agency to downgrade the U.S. from […]
The Weekly Bottom Line: Fed Gearing Up for Another (Likely Final) Hike
U.S. Highlights Retail sales disappointed market expectations overall in June, but underneath the surface sales […]
Strong Economic Growth for Canada in May
Canadian GDP is likely to have stayed strong May. Statistics Canada’s advance estimate pointed to […]
Has the Bank of Canada Reached its Interest Rate Summit?
Summary The Bank of Canada (BoC) raised its policy rate 25 bps to 5.00% at […]
Inflation Enters Bank of Canada’s Target Range in June, But Core Still Elevated
Consumer price inflation cooled to 2.8% year-on-year (y/y) in June, down from 3.4% in May. […]
Weekly Economic & Financial Commentary: Downside Inflation Surprise Probably Not Enough to Stop the Fed
Summary United States: Downside Inflation Surprise Probably Not Enough to Stop the Fed This week […]
The Weekly Bottom Line: Inflation Data Brings A Healthy Dose of Optimism
U.S. Highlights Financial markets rallied this week following a string of promising data pointing to […]