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June 2, 2017

U.S. unemployment rate falls to 4.3% clearing path for Fed to raise interest rates

The June unemployment report provides a clear path for the Fed to raise interest rates at the June 14th FOMC meeting. Recent rhetoric by FOMC members also suggests that most members believe that the economy is strong enough to withstand another rate increase.

May 24, 2017

Bank of Canada Holds Interest Rate Steady, Changes Tone in Monetary Policy Statement

As expected, the Bank of Canada held interest rates steady and gave no indication whether it is poised to ease or hike interest rates in its statement following the Monetary Policy Committee meeting today.

May 19, 2017

Inflation Remains Steady at 1.6% for April, Retail Sales Surprise in March

Canada’s consumer inflation (CPI) remained unchanged at 1.6% in April. Only 2 of the eight components of CPI showed contraction.

May 12, 2017

US Retail Sales Rebound in April & Inflationary Pressures Reduce

US retail sales recovered in April, and the contraction of 0.2% in March was revised higher to growth of 0.1%. Headline retail sales increased 0.4% in April.

May 5, 2017

US Job Growth Rebounds, Unemployment Rate Hits 10-Year Low & Canadian Job Growth Slows

The US economy added jobs for the 79th consecutive month in April, continuing the longest ever job expansion phase in the history of the US economy.

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