Connecting the Dots II: US Economic Data and Fed Policy
Last week, I talked about how Canadian economic reports connect [link to sept. 13] and impact Bank of Canada (BoC) decisions, which in turn affect investors. This week, I will dive into the American economic reports, exploring how the US Federal Reserve (Fed) uses data to shape interest rates, and what that means for us Canadian investors.
Tag: rci.b
Weekly Update for the week ending July 12, 2024
Mr. Powell goes to Washington In a week of high anticipation, US Federal Reserve (Fed) Chair Jerome Powell took center stage in Congress, providing crucial updates on the future of rate cuts. During his Senate testimony on Tuesday, Powell expressed optimism as inflation approached the Fed’s 2% target, signaling potential for future rate cuts. He […]
Weekly Update for the week ending April 14, 2023
April investing, Canadian interest rate remains unchanged, US economic data that impacts investors…
Weekly Update for the week ending April 7, 2023
Items that may only interest or educate me …. Canadian economic stats, oil production cutbacks, American jobs cooling, but first …. Last Thursday, Statistics Canada reported the Canadian economy remains strong, adding 34,700 jobs in March, higher than the 12,000 jobs analysts predicted. Employment has been trending upward since September, with March being the seventh […]
Weekly Update for the week ending March 31, 2023
Items that may only interest or educate me …. Canadian budget, Canadian GDP, US Economic data, latest Silicon Bank chapter, … Prior to releasing the latest budget, the current Canadian government said they would be “fiscally responsible” while at the same time spending a whole lot of your taxpayer dollars on the new green economy […]
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 […]