The BoE took it easy today, announcing an unchanged Bank Rate at 5.00%, while sticking to a limited to non-existent forward guidance approach, and repeating a £100bn/annum balance sheet reduction plan ...

Expect core PCE to follow core CPI higher on September 27th (chart 2). The culprit was a mild acceleration of core services ...

The ECB failed to surprise on policy decision day as it delivered a well-telegraphed 25bps rate cut, while Lagarde poured cold water on small October cut bets that slightly weighed on European debt ...

CDN CPI m/m % NSA // y/y %, August: Actual: -0.2 / 2.0 Scotia: 0.0 / 2.1 Consensus: 0.0 / 2.1 Prior: 0.4 / 2.5 Upsizing on the back of this data would be a policy misstep in my view. That’s because ...

Canadian auto sales fell 1.7% month-over-month to 1.73 mn units at a seasonally adjusted annualized rate (SAAR) in August according to Wards Automotive (chart 1). Vehicle sales in July were 1.76 mn ...

Right for you if you: Want savings to grow over time with the ability to withdraw all of the funds tax-free to buy your first home. Rates are provided for information purposes only and are subject to ...

Canadian CPI and US retail sales will compete for attention at the same time this morning. Overnight developments were light. Canada’s ruling Liberals lost both by-elections last night. I’ve ...

Essentially no change in market conditions from July to August for the national resale market. National housing sales increased 1.3% over this period (on a seasonally adjusted basis) while new ...

On Monday, September 16 th, the National Institute of Statistics (DANE) published the manufacturing production and retail sales data for July 2024. Manufacturing production increased 2.0% compared to ...

The Bank of Canada and Federal Reserve should cut policy rates at each meeting for the remainder of the year and well into 2025. Growth is slowing as the impact of past tightening is felt but we ...

Canadian politics and BoC speak are in focus this morning amid an otherwise light global calendar to start a packed week. Fed market pricing for this week’s meeting has increased absent any weekend ...

A packed week that is sure to trigger substantial global market volatility lies ahead. A major wave of global central bank decisions will be led by the Federal Reserve, the Bank of Japan, the PBOC, ...