February 13, 2023
Today's post explains why last week's banner Canadian employment headline is causing investors to pare back their bets on Bank of Canada rate cuts in 2023.
Posts from the ‘davethemortgagebroker’ Tag
December 5, 2022
Financial markets are pricing in another 0.25% increase by the Bank of Canada this Wednesday, but I think a 0.50% hike might actually make more sense.
November 21, 2022
Canadian inflation levelled off last month. While we all hope it will resume a downward path soon, there are signs that it may take longer than expected.
November 14, 2022
The latest US inflation data set off a breathtaking rally in financial markets last week. Today's post explains why I think that was an over-reaction.
October 24, 2022
This post explains why I expect the Bank of Canada to hike by another 0.75% this Wednesday, and it outlines the implications for Canadian mortgage rates.
October 17, 2022
Today's post offers my take on the latest US inflation data and outlines the implications for Canadian fixed and variable mortgage rates.
June 6, 2022
The BoC hiked by another 0.50% last week, and its policy statement was more hawkish than expected. In today's post I offer my take on how high the Bank will go.
May 2, 2022
The US Fed is going to raise its policy rate this week, and in today's post I explain why the bond market may not react as you might initially expect.