Canadian markets sighed with the passing of the federal budget. Now, perhaps PM Carney can turn more attention to housing markets, where starts came up way short.
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."
💡Coming soon: How Robinhood Psychology Hacks Can Supercharge Mortgage Conversions
See also: Mortgage Tidbits (below).
The Fed's consensus on rate cuts is now "It's Complicated."
Central bank officials are increasingly voicing concerns over further easing, given core inflation refuses to cooperate.
💡See also: Mortgage Tidbits (below).
A new Amortization Simulator is now available here.
Yields stayed muted Wednesday as markets awaited Trump's signature to end the longest U.S. government shutdown in history. He did just that on Wednesday evening. That means the macro data floodgates should soon open,