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Canada

BoC Cuts Rates For Third Consecutive Month…

In this Special Report, we assess the impact of monetary policy tightening on major economies. Interest rate sensitive GDP already slowed significantly in response to the aggressive rate hiking cycle. Despite the beginning of policy easing, our forward-looking indicators suggest monetary policy will continue to weigh on the economy.

Ebbing Inflation Keeps BoC Easing On Track…
Recession To Hit Canada And Australia Harder Than US And Europe…
The BoC Dove Soars The BoC…

In this Insight, we look into the recent CPI release in Canada, and the possible implications for fixed-income market trades.

Canadian Bonds Are Still A Good Bet…
Canada's Labor Market Weakens Further…

Concerns about the global economy have shifted from sticky inflation to faltering growth. Tight monetary policy is finally starting to bite. We suggest increasing portfolio defensiveness.

Image Canada’s headline inflation rate for May surprised to the upside on Tuesday. The 0.6% month-on-month print and 2.9% year-on-year increase came in above expectations of 0.3% m/m and 2.6% y/y, respectively. Both measures increased from…