Jul 16, 2024 | Notes from the Desk
Notes From The Desk: Canadian CPI – The Cut Is On A sigh of relief could be heard this morning coming from the Bank of Canada. Today’s CPI numbers provided evidence that last month’s data was a blip on the radar and that the trend in inflation remains...Jul 15, 2024 | Notes from the Desk
Notes From the Desk – US June CPI – Break Out the Punch Bowl Let’s get the party started! Today’s weaker-than-expected June CPI data should give the Federal Reserve (Fed) the confidence to begin cutting rates later this year. By the...Jul 5, 2024 | Notes from the Desk
Notes From the Desk: Today’s Employment Data – Bolstering the Case for Lower Rates June’s employment data has bolstered the case for lower rates. By the numbers: US June employment 206k (190k expected). The slightly higher number is...Jun 25, 2024 | Notes from the Desk
Notes From the Desk – CAD May CPI – A Thorn in the Side Canadian May CPI was well above expectations, halting the trend of falling prices. By the numbers: YoY headline CPI – 2.9% (2.6% expected) YoY CPI Median – 2.8% (2.6%...Jun 12, 2024 | Notes from the Desk
Notes From The Desk: The Fed Announcement – Give & Take. As expected, the Federal Reserve (Fed) left rates unchanged, but they did adjust their projections on the timing of cuts, pushing them further into the future. The dot-plot thickens. ...Jun 7, 2024 | Notes from the Desk
Notes From the Desk: North American Jobs Data – A Ball of Confusion Divergence remains the theme for the Canadian and US economies. The labour market remains strong south of the border but continues to soften in the great white north. By the numbers:...
