Stocks, bonds and major currencies held to tight ranges Friday as traders prepared for US jobs data that will help determine the size of a Federal Reserve rate
The paper suggests, for example, that when labor markets are loose, policymakers can continue to regard supply shocks as of less consequence to underlying infla
Item 1 of 2 The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File
Weak U.S. data reaffirmed investor worries on Friday, fueling a sell-off in global equities and pressuring U.S. Treasury yields to multi-month lows.Canada’s m
U.S. consumer prices unexpectedly fell and the annual increase was the smallest in a year, reinforcing views that a trend of dropping inflation was back on
What a difference three months makes.At the end of 2023 and the start of 2024, it appeared that the US was on a glide path to what I termed "economic nirvana":
Canada’s main stock index jumped on Friday, led by gains in healthcare shares, while the slowing U.S. jobs growth in April raised hopes of early interest rate