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Canadian Highlights Bond yields have risen this week as hawkish commentary from central bankers and a hot inflation report in the U.S. raised worries about future rate increases. Canadian yields were pulled higher by U.S. Read more…
Next week’s U.S. data releases should point to continued resilience in consumer spending, with October retail sales expected to rise 0.2%, while housing activity remains constrained by high mortgage rates. We expect housing starts to Read more…
US headline CPI rose 0.4% in October, down from 0.6% in September but above the 0.3% consensus. Core CPI rose 0.3% for a third consecutive month, pointing to persistent inflation beyond energy. A 25-basis-point Fed Read more…