- BoC Governor Tiff Macklem:
- Most likely won’t achieve 2% inflation this year.
- Shelter price inflation weighs on BoC decisions.
- Overwhelming consensus within BoC that rates need to stay at 5%.
- Looking for consistency across all inflation indicators.
- BoC's Tiff Macklem: The governing council unanimously agreed to maintain rates at 5%
- Federal Reserve Chair Jerome Powell:
- There is no reason to think the economy is in or faces significant near-term risk of recession.
- Fed sees ongoing solid growth, should continue moving forward.
- Would like to have more confidence on inflation. Fed has some confidence but needs more.
- Jerome Powell Speech: Fed Chair doesn't see elevated risk of recession
- According to Canadian money markets, there is less than 25% odds of a BoC rate cut in April, down from over 40% before Tiff Macklem’s appearance on Wednesday.
- The US ADP Employment Change came in below expectations, printing at 140K for February versus the forecast of 150K, while the previous print saw a revision up to 111K from 107K.
- Canada’s seasonally-adjusted Ivey Purchasing Managers Index (PMI) eased to 53.9 in February versus the previous month’s 56.5
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
이 글이 마음에 드시나요? 작성자에게 팁을 보내 감사의 마음을 전하세요.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.