Canada’s CPI stole the spotlight Monday. It landed a tad warm, further suggesting that a BoC rate cut next month is off the table. Markets are now bracing for a wave of post-shutdown U.S. data. With any luck, the job reports this week won't trigger any

Yields closed in the green on Friday as hopes for a December Fed rate cut continue to dim. On this side of the border, markets are nervously awaiting today's CPI data, looking for proof that average core inflation still understands the concept of "down."

The BoC just gave the economy another 25-basis-point energy shot. That means Canada's benchmark prime rate will now ease to 4.45%, effective tomorrow. It’ll mark the lowest prime rate since June 2022. Moreover, if leading variable rates track prime lower, they'll become the easiest

💡See also: Rising Job Losses Trump Inflation. Fed Cuts 25 Bps Welp, people might not be able to afford steak at the grocery store anymore, but at least floating borrowing costs dropped. So now that the overwhelmingly anticipated 25-beep cut arrived on cue, what does the BoC have planned for