Items that may only interest or educate me …. Canadian interest rate pauses, Canadian trade surplus, Canadian economy grows, US interest rate concerns, US jobs, US bank fails … January’s inflation rate was 5.9%, down from December’s 6.3%, and the economy was flat during the fourth quarter (October 1 through December 31). Given this environment, […]
Author Archives: 1investor
Weekly Update for the week ending March 3, 2023
Items that may only interest or educate me …. Canadian interest rate pause, global central banks, impact of US rate increases, Canadian GDP stalls, share buybacks, … Analysts believe the BoC will hold Canada’s benchmark interest rate at 4.5% for the remainder of the year. Economic data has shown Canadian inflation has been heading downward […]
Weekly Update for the week ending February 24, 2023
Items that may only interest or educate me …. Canadian CPI, landings, Canadian deficit, a bunch of US data … The Canadian Consumer Price Index (CPI) dropped to 5.9% on a year over year basis but rose by 0.5% compared to December. Economists had anticipated 6.2% and 0.7%, respectively. The main driver of inflation was […]
Weekly Update for the week ending February 17, 2023
Items that may only interest or educate me …. Canadian inflation data, US inflation data, … Statistics Canada’s latest Canadian Industrial Product Price Index (IPPI), prices that producers in Canada receive as goods leave the plant, reported an increase of 0.4% in January over December, while on a year over year basis, producer prices went […]
Weekly Update for the week ending February 10, 2023
Items that may only interest or educate me …. Central banks, Bank of Canada minutes, Canadian interest rate predictions, ignore the noise, Canadian jobs, Bing challenging Google? … If it seems like the Bank of Canada (BoC) and the US Federal Reserve (Fed) are common topics in this section of the Weekly Updates, you would […]
Central Banks
While preparing the Weekly Updates, I was increasingly writing about the Bank of Canada and the US Federal Reserve, the central banks for Canada and the USA, respectively. I knew they were central banks and they set the interest rates for their respective nations but that was about it. I soon discovered their actions had […]