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Bank of Canada set to cut again despite inflation uptick
October has delivered broadly hawkish hard data for the Bank of Canada. The September jobs report showed solid 60k employment gains while unemployment held stable at 7.1%. Earlier this week, headline inflation (also for September) rose faster than consensus to 2.4%, with both core measures – median and trim – also accelerating by 0.1-0.2% above 3.0%. Yet, markets are pricing in 21bp of easing for the 29 October meeting. We are aligned with the consensus majority in expecting a 25bp cut to 2.25% next week. The rationale lies – once again – in the bleak Canadian economic outlook. The Bank of Canada’s ... (full story)
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The Ronald Reagan Foundation has just announced that Canada has fraudulently used an advertisement, which is FAKE, featuring Ronald Reagan speaking negatively about Tariffs. The ad was for $75,000,000. They only did this to interfere with the decision of the U.S. Supreme Court, and other courts. TARIFFS ARE VERY IMPORTANT TO THE NATIONAL SECURITY, AND ECONOMY, OF THE U.S.A. Based on their egregious behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED. Thank you for your attention to this matter! President DJT
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From finance.yahoo.com | Oct 23, 2025
September's Consumer Price Index (CPI) is expected to show inflation holding stubbornly around 3%, underscoring how tariffs and service-sector stickiness continue to complicate the Federal Reserve's path toward its 2% target. The report, set for release on Friday at 8:30 a.m. ET, was delayed by the ongoing government shutdown. It marks the first major piece ...
