Market Insights

Sep 16, 2026

In a unanimous decision, the Fed hiked 25 bps, raising the Fed Funds Rate to 3.75%-4.00%. The move was expected, with the market odds at 92%. The only question was whether the hike would be...

Sep 2, 2026

Confronted with a hazard on each side of the strait, a trade war on one flank and energy-driven inflation on the other, the Bank held at 2.25% and steered visibly closer to the one it fears less...

Aug 24, 2026

Trade talks between Ottawa and Washington collapsed Friday night, and by Saturday tariffs were again flying in both directions. Same trade war, another sequel, and this morning Trump added a new...

Jul 29, 2026

Kevin Warsh said he wanted a good family fight at his second meeting as chairman, and three colleagues obliged. The Fed held rates at 3.50%-3.75%, but the vote was not unanimous, with three...

Jul 2, 2026

Job creation was weak in June, although the unemployment rate managed to improve. The numbers. 57k jobs created (115k expected) May revised down to 129k, a hefty cut from the initial 172k print...

Jun 17, 2026

Kevin Warsh’s first meeting as Fed Chair was less of a rate decision and more of a philosophical manifesto. The policy rate was left unchanged, but the institution itself is being rebuilt from the...