Inflation is likely to rise faster than the Fed’s 2% target with risk of moving higher as the strong fiscal impulse that will hit the economy next year bolsters growth prospects. … READ MORE >
inflation
Market Minute: Economies in Asia keep growing, no matter the U.S. tariff rate
Economies in Asia continue to grow despite U.S. disruptions to the global supply chain. … READ MORE >
Market Minute: Canada’s financial conditions and its monetary policy path
Policy rate cuts by the Bank of Canada and the U.S. Federal Reserve are in response to both countries’ economies absorbing adverse policy shocks along with a slowing pace of hiring and wage growth. … READ MORE >
Bank of Canada cuts interest rate again in attempt to spur sluggish economy
Canada’s economy is slowing to the point that the Bank of Canada was comfortable making another interest-rate cut as it lowered its policy rate to 2.25 per cent. … READ MORE >
U.S. September CPI: A perfect K-shaped economic report
The September CPI data gives cover to the Fed to cut rates on Oct. 29 and in December as inflation eased a bit on a monthly basis, to 0.3%, and ticked up on an annual basis to 3%. … READ MORE >
Market Minute: Focus on food prices and inflation expectations in the CPI
The Cleveland Fed’s Inflation Nowcasting model estimates that the CPI will have reached 3% in September and the first weeks of October. … READ MORE >
Canada’s economy slowing as major free-trade renegotiation looms
Canada’s subdued economic activity and the drop in inflation despite ongoing tariffs imply that the Bank of Canada could cut interest rates again this year. … READ MORE >
Market Minute: Persistent inflation across the G-7
While central banks have adhered to a policy maintaining inflation at a 2% target, only Canada and France have kept inflation below 2% over the past 12 months. … READ MORE >
Bank of Canada cuts interest rate to 2.5% amid economic, labour challenges
The Bank of Canada cut its key interest rate to 2.5 per cent as a slowing economy and rising unemployment likely contributed to the unexpected policy action. … READ MORE >
Rising inflation, increased spending complicate Fed’s next decision
While nominal gains in spending and income look strong on the topline, adjusting for inflation is necessary—and subsequently implies an economy that is growing just above 1 percent. … READ MORE >