July 19, 2021
The BoC’s comments last week about the future path of inflation were noteworthy for anyone keeping an eye on mortgage rates. Today's post offers my take.
Posts from the ‘Bank of Canada’ Tag
June 14, 2021
The Bank of Canada didn’t make any major changes to its outlook last week, but its latest policy statement did contain a few noteworthy items.
May 10, 2021
Last week’s Canadian and US employment data cast doubt on the market consensus narrative that inflation is about to take off.
May 3, 2021
The US Federal Reserve still isn't planning to raise its policy rate for a long time and today's post explains why that limits the Bank of Canada's options.
April 26, 2021
The Bank of Canada (BoC) and the bond market were in a stand off over where inflation and interest rates are headed. Until last week, when the BoC blinked.
April 5, 2021
As house prices continue to soar, many observers are becoming increasingly worried and are imploring policy makers to step in to cool prices. Here are my thoughts.
March 15, 2021
The bond market expected the Bank of Canada to adopt more hawkish language last week, but the Bank had other plans.
February 8, 2021
Last month saw a spike in job losses, but Government of Canada bond yields rose anyway. Today's post explains why.