Inflation expectations are not as well anchored as they were before Covid

Inflation expectations are not as well anchored as they were before Covid

Tiff Macklem faced the press shortly after the decision, offering markets a clearer sense of the central bank’s thinking. The appearance followed the widely expected move by the Bank of Canada to hold the policy rate steady at 2.25%. BoC press conference key highlights Tiff Macklem If energy prices stay higher for longer, there could […]

Cautious hold as oil lifts inflation – TD Securities

Inflation expectations are not as well anchored as they were before Covid

TD Securities strategists expect the Bank of Canada (BoC) to keep its policy rate at 2.25%, with a cautious statement in the April decision. The April Monetary Policy Report (MPR) is seen upgrading headline inflation forecasts on higher energy prices, while core revisions remain modest. Strategists anticipates a higher neutral rate range and notes the […]

AI concerns weigh before tech earnings – Deutsche Bank

AI concerns weigh before tech earnings – Deutsche Bank

Deutsche Bank strategists note that United States (US) equities turned lower as AI-related worries resurfaced after a report that OpenAI missed internal 2025 targets. The S&P 500, NASDAQ and Mag 7 all pulled back, with semiconductors hit hardest, though Nasdaq futures later recovered part of the loss as investors look ahead to earnings from four […]