Category Finance

Recent dots show a fair amount of dispersion in opinion at the FedFed is not in a ‘mad dash’ to neutral, in favor of not rushing to judgment or assuming job is done on inflationDoes not expect to see unemployment increase much furtherLabor market is ‘not flashing red’,…

Prior was +0.2%Prices were unchanged in 13 of the 27 census metropolitan areas Prices increased in 8 Prices declined in the remaining 6The index was unchanged on a year-over-year basis in August following a 0.1% increase in July The Canadian housing market is wilting at the moment and…

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When starting a car detailing business, it is important to invest in high-quality products that will stand up to the demands of the job. This guide will take a look at some of the essential car detailing tools you’ll need to get started, as well as some of…

This is just a bit of a heads up as the economic calendar on Thursday will be highlighted by a speech from Fed chair Powell. He will be delivering the opening remarks at the 10th annual US Treasury Market Conference. However, his remarks will be ones that are…

It reflects progress on inflation, softening of labour marketSees year-end rate at 4.4% and end of 2025 rate at 3.4%; same as median of Fed policymakersBalance of risks have shifted towards risk of further labour market softeningToo soon to declare victory on inflation but disinflation process is on…

Headlines: Euro pressured lower as traders step up ECB rate cut odds for OctoberFrance September flash services PMI 48.3 vs 52.5 expectedGermany September flash manufacturing PMI 40.3 vs 42.4 expectedEurozone September flash services PMI 50.5 vs 52.1 expectedUK September flash services PMI 52.8 vs 53.5 expectedUK September CBI…

I supported a 50 bps cut as a compromise between remaining uncertainty around inflation and risks to the labour market.Recent data show convincingly that the US economy is on a sustainable path to price stability.A half-point cut at this meeting does not lock in a cadence for future…