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 >
inflation
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 >
Market Minute: Look beneath CPI headline to see the impact of tariffs
I expect a monthly increase of 0.3% in the top-line figure and the core, and annual increases of 2.8% for top line and 3% for the core. … READ MORE >
Fed’s preferred inflation gauge accelerates in June as tariffs bite
Inflation picked up in June, driven largely by tariffs, according to the personal consumption expenditures price index, the Federal Reserve’s preferred inflation gauge. … READ MORE >
The Fed holds rates steady as two board members dissent
The OMC held its policy rate in a range between 4.25% and 4.5% on Wednesday as it slightly opened the door to a rate cut this fall., … READ MORE >
Canada’s consumer price index steady due to cooling housing market
Canada’s consumer price index rose 1.7 per cent in May thanks to a more balanced housing market and smaller increases in travel prices. … READ MORE >