
Bruno Valko


U.S. core inflation eases, but Fed rate cut this month remains unlikely
U.S. inflation rose for the second straight month, though core inflation showed modest signs of easing. Still, economists say it likely won’t be enough to warrant a Fed rate cut later this month.

Strong job growth in December raises doubts about January rate cut
As Canada’s job market surged in December, economists are now questioning whether the Bank of Canada will move forward with another rate cut this month.

Experts predict Canadian mortgage rates will rise next week following latest surge in bond yields
In just two months, Canadian bond yields have surged by over 61 basis points (0.61 percentage points), with a jump of roughly 17 bps in the past week.

Large GDP revisions from StatCan raise questions about past federal spending and monetary policy
Canada’s economic data is under increasing scrutiny following recent GDP revisions, which raised growth figures by a cumulative 1.3 percentage points from 2021 to 2023, sparking concerns among experts.

Fixed mortgage rates are falling again. Here’s why
Canadian lenders are cutting fixed mortgage rates following a drop in bond yields. But what’s behind these latest moves?

Here’s why markets are betting on a Bank of Canada rate cut tomorrow
Confidence is high that the Bank of Canada will deliver a second consecutive rate cut on Wednesday. Below, we look at some of the reasons why.

Bank of Canada rate cut grows more likely as retail sales slump
Retail sales dropped in May as Canadians cut back on spending, with early estimates suggesting the decline continued into June.

U.S. inflation eased in June: Good news for Canadian mortgage shoppers
U.S. financial markets got a boost today with a lower-than-expected inflation reading, marking the lowest level since May 2020.

Will rising unemployment hasten the Bank of Canada’s coming rate cuts?
Canada’s labour market stumbled in June, with the unemployment rate rising to 6.4%, up from the previous month.