When I initially began reporting on Canadian and US economic news, I found myself overwhelmed by the sheer volume of inflation-related data. To streamline my coverage, I made the strategic decision to concentrate solely on the key indicators scrutinized by the Bank of Canada (BoC) and the US Federal Reserve (Fed).
Tag: cpi
Weekly Update for the week ending March 24, 2023
Items that may only interest or educate me …. Canadian CPI and sales stats, US interest rate hike, Global central bank hikes, Credit Suisse, Global banking issues, Another online investing app … Statistics Canada’s February Consumer Price Index report showed Canada’s annual inflation rate fell to 5.2% in February, down from January’s 5.9%. February’s rate […]
Weekly Update for the week ending December 16, 2022
Items that may only interest or educate me …. Santa rally, US CPI report, US interest change, EVs killing the AM radio stars … Will there be a Santa Claus rally in 2022? The stock markets typically get a boost in December’s holiday season thanks to upbeat retail/individual investors, many with year-end bonuses itching to […]
The week ending November 11, 2022
Items that may only interest or educate me …. … lest we forget, more Canadian rate hikes, American October CPI, US mid-term elections, semiconductors. Let’s begin … Thanks to surprisingly huge jobs gains in Canada in October (108,000 new jobs, more than ten times the number economists expected), analysts believe the Bank of Canada (BoC) […]
The week ending September 16, 2022
Fractional shares…. Just when supply chain problems were slowly being eliminated, rail workers in the US threatened to go on strike. Fortunately, a deal between the major U.S. railroads and the railroad unions was reached to avert a work stoppage. This was such a crucial deal for the US economy that even President Biden took […]
The week ending August 12, 2022
Spare change…. After falling 20% from its April highs to its June lows, thanks to a July rally, the Toronto Stock Exchange Composite Index (TSX), is now up 10% from it June lows. Before getting too excited, the TSX is still down almost 6% in 2022. The good news continues in the US where the […]