Fresh data from ADP, Revelio Labs and Challenger, Gray & Christmas all point to the prospect that weakness in labor demand is becoming entrenched and is not temporary. … READ MORE >
interest rates
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 >
Fed cuts its policy rate and sets end to quantitative tightening
The Federal Reserve reduced its policy rate by 25 basis points to a range between 3.75% and 4% on Wednesday while announcing an end to its runoff of its $6.58 trillion balance sheet by Dec. 1. … 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 >
Market Minute: Slowing wage growth amid rising prices
After peaking at 6.5% in early 2023, yearly wage growth for full-time workers declined to 4.3% by August this year. … READ MORE >
Market Minute: At FOMC meeting, a rate cut and the end of quantitative tightening
The Federal Open Market Committee is likely to reduce its federal funds policy rate by a quarter point to a range of 3.75% to 4% at its meeting on Wednesday. … READ MORE >
Market Minute: Financial conditions, rate cuts and the FOMC
The Federal Open Market Committee is likely to reduce its policy rate by 25 basis points to a range between 3.75% and 4% at its next meeting on Oct. 29. … 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: Rate cuts are taking longer to have an impact
The lag time between rate cuts and when those cuts are felt in the real economy is increasing, whether it’s in consumer spending or businesses taking on more risk. … READ MORE >
Fed cuts its policy rate a quarter point amid growing tension
It would not be surprising to see market players assume that the de-facto inflation target is moving higher, toward 3%. … READ MORE >