Data released on Friday showed that inflation based on the personal consumption expenditures price index increased 0.3% on a monthly basis for January, matching the median estimate of economists ...
Statistics Canada said energy prices contributed most to the acceleration, and were partially offset by the temporary tax ...
The council agreed a quarter-percentage-point reduction in the benchmark rate would be helpful to support growth and better balance inflation risks. Stephen Brown, deputy chief North America economist ...
Canada's retail sales in December grew by a robust 2.5% on a monthly basis, beating analysts' expectations, as a sales tax ...
The dollar, crypto, and bond yields are all off their highs after rallying into the beginning of the year on the promise of ...
Meanwhile, the S&P 500 SPX and Nasdaq Composite COMP indexes finished with a fourth day of declines, while the Dow Jones Industrial Average DJIA rose 0.4%, as data showed that consumer confidence sank ...
Since May 2023, average income gains have outpaced inflation, giving workers more ... half of this year," economist Scott Anderson of BMO Capital Markets wrote in a note to clients.
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US consumer inflation increases at fastest pace in nearly 1-1/2 years in January"The moderation we saw in consumer inflation last summer is no longer visible now," said Scott Anderson, chief US economist at BMO Capital Markets. "The problem for the Fed is this isn't just a ...
BMO Capital Markets grew PPPT by 67% ... reflecting the prolonged higher rate environment, accumulated inflation and higher unemployment in Canada. The total provision for credit losses was ...
The inflation outlook has been clouded by uncertainty ... a senior economist at BMO Capital Markets. "However, deportations could add some pressure." Fears about tariffs have sent consumers ...
Wednesday's consumer-price index for January looms in the minds of bond-market participants, as investors and traders also remain focused on the prospect of trade wars between the U.S. and other ...
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