Canada saw job losses and a higher unemployment rate for the third month in a row as U.S. trade tensions heightened economic uncertainty for businesses. … READ MORE >
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October jobs report shows strong hiring on the back of robust growth
The economy added 165,000 jobs on the month, which brought down the unemployment rate to 4.1%. … READ MORE >
What’s driving the post-election surge in equities and decline in yields
A slowing of the AI data center investment should result in a rebalancing and redirection of capital into the real economy. … READ MORE >
Market Minute: Commercial paper costs rising for middle market
This year, financing costs for 90-day commercial paper have escalated from 3.81% to 4.4%. … READ MORE >
Market Minute: Reasons to be bullish on the dollar
Interest rate differentials and policy rate expectations, in addition to robust growth in the U.S., provide a reason to be bullish on the U.S. dollar. … READ MORE >
Market Minute: Expect a solid jobs report for October
RSM forecasts a net gain of 95,000 jobs for October, well above the number needed to keep the labor market stable. … READ MORE >
The American economy is running hot—just like inflation
We anticipate that more challenging income dynamics underlying the data will result in a slowing of GDP back toward 2.5% to close out a strong year. … READ MORE >
Bank of Canada raises interest rate to 2.5%—with more hikes to come
The Bank of Canada raised its key interest rate to 2.5 per cent after seven consecutive holds due to persistently high oil prices amid stronger-than-expected economic growth. … READ MORE >
Market Minute: The rising cost of inaction by the Fed
We expect the Fed to hold its overnight policy rate within the current range of 3.75% to 4.0% at its Wednesday meeting. … READ MORE >
Market Minute: ECB to hold rates in October, with hikes to come
With little evidence of second-round inflation effects, the Governing Council is unlikely to feel compelled to deliver consecutive rate hikes. … READ MORE >