After another employment report pointing to further tightening in the US labor market, market participants are nearly fully convinced that the Fed will deliver its fourth consecutive 75bps hike when it meets on November 2, and that’s maybe why they kept buying dollars. However, with still three weeks until the meeting, those bets could well […]
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US inflation data for January presented a mixed picture, with price pressures remaining firm even as the headline annual pace eased slightly. The headline PCE price index rose 0.3%om, while the core measure—which excludes food Read more…
Canada’s labor market suffered a sharp setback in February, with employment plunging by -83.9k, far worse than expectations for a modest gain of around 10k. The decline marks a significant deterioration in labor conditions. The Read more…
Wegovy costs $1,350 a month without insurance, and Zepbound runs $1,086. If you’re on Medicare, you’ve either been paying those prices out of pocket or going without. This is because federal law has barred Medicare Read more…