The Weekly Bottom Line: Canada’s interest rate conundrum; Too much of a good thing
Canadian Highlights A call for a jumbo cut to head off mortgage reset rates must […]
Hiring Demand to Weigh on Canadian Jobs Data, U.S. Fed to Cut Again
We think Friday’s Canadian employment report should tell a familiar story—that the labour market has […]
Week Ahead – US Election Draws All Eyes, Fed, RBA and BoE Meet
Traders lock gaze on Tuesday’s US election Trump and Harris battle neck and neck in […]
Canada’s Economy Flatlined in August, With a Pickup Expected in September
Canadian economic growth stalled in August after modest GDP growth in July. This print landed […]
Canada’s August GDP stalls as goods production declines
Canada’s GDP growth was flat month-over-month in August, missing the anticipated 0.1% mom growth. Services […]
BoC’s Macklem signals more rate cuts as Canada returns to low inflation
Addressing the House of Commons Standing Committee on Finance, BoC Governor Tiff Macklem explained the […]
BoC’s Macklem open to larger cuts following substantial tightening cycle
BoC Governor Tiff Macklem indicated the central bank’s intent to continue cutting its policy rate […]
Weekly Economic & Financial Commentary: Beige Flags in the Beige Book
Summary United States: Move On Up The housing sector was in focus this week. During […]
No Growth in Canadian GDP for August Extends Historic Per Capita Underperformance
The Canadian gross domestic product report for August on Thursday will likely reveal more softness […]
The Weekly Bottom Line: Is 50 the New 25?
Canadian Highlights The Bank of Canada made a super-sized interest rate cut this week, taking […]
Canada: Retail Sales Grow for the Second Consecutive Month, Supported by Auto Sales.
Retail sales rose by 0.4% month-on-month (m/m) in August, coming in worse than Statistics Canada’s […]
BoC minutes reveals strong consensus for aggressive rate cut
Summary of BoC Governing Council’s October 23 meeting highlights a decisive stance among members to […]