March 6, 2023
Today’s post explains why there is a zero percent chance that the Bank of Canada will raise its policy rate when it meets this Wednesday.
February 27, 2023
In today's post I explain why the Canadian bond market zigged when we would have intuitively expected it to zag based on our latest inflation data.
February 21, 2023
Here are links to five of my recent posts about Canadian mortgage rates and inflation.
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.
February 6, 2023
Today's post explains why I don't think the Fed's latest rate hike was as dovish as the consensus perceived it to be.
January 30, 2023
Today's post explains why anyone tracking Canadian mortgage rates should temper their reaction to Bank of Canada's rate-hike pause.
January 23, 2023
Most forecasters expect the Bank of Canada to hike its policy rate by another 0.25% when it meets this Wednesday. Here is my take.
January 16, 2023
In today's post I explain why softer than expected US inflation data doesn't change my view that mortgage rates will take longer to drop than many now expect.