Canada’s consumer price index rose 3 per cent on a year-over-year basis in August as energy remains a critical factor for inflation going forward. … READ MORE >
Inflation
Market Minute: Toward synchronized global rate hikes … almost
This week we get the Bank of England, Federal Reserve and Bank of Japan policy decisions that will lead to a further resetting of prices across asset classes. … READ MORE >
August inflation data demands rate hikes from the Fed
With higher oil and distillate prices set to be passed downstream to consumers, the Federal Reserve his little choice but to raise its policy rate at its next meeting. … READ MORE >
Energy pushes producer prices higher, but core cools
Headline producer prices rose 0.4% in August, most of the increase came from rising energy prices. The core measure, which excludes food and energy, rose by 0.2%, a tenth below expectations. … READ MORE >
Economic pain looms for both Canada and U.S. as tensions escalate
A tit-for-tat trade war is a lose-lose game economically for Canada and the U.S.—and the latest developments symbolize a significant step up in tensions. … READ MORE >
Canada loses jobs in August as trade tensions cloud outlook
Canada’s job losses in August undid some of the gains from July—and the outlook going forward is murky due to uncertainty caused by ongoing U.S. trade tensions. … READ MORE >
Market Minute: Canada’s financial conditions as trade war begins
The RSM Canada Financial Conditions Index stands at a mildly accommodative 0.7 standard deviations above zero as a trade war threatens to escalate. … READ MORE >
Cautious optimism for Canada’s economy despite tariff tension
The latest data shows a solid, growing Canadian economy despite the concerns elicited by recent trade tensions and new U.S. tariffs. … READ MORE >
Inflation is not going gently into that good night
Both headline and core PCE inflation advanced by 0.2% on the month while on a year-ago basis prices advanced by 3.7% for the headline number and 3.3% for the core. … READ MORE >
Market Minute: U.S. deficits, fiscal consolidation and Treasury jawboning of bond market
The bond market remains unimpressed with the Treasury Department’s moves to reduce interest rates. … READ MORE >