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More - Avery Shenfeld Quotes

In Canada, CPI inflation will be everywhere in energy, and nowhere in anything else, mirroring what we saw in the U.S. figures for September. - Avery Shenfeld Quotes

In Canada, CPI inflation will be everywhere in energy, and nowhere in anything else, mirroring what we saw in the U.S. figures for September.

In Canada, CPI inflation will be everywhere in energy, and nowhere in anything else, mirroring what we saw in the U.S. figures for September, - Avery Shenfeld Quotes

In Canada, CPI inflation will be everywhere in energy, and nowhere in anything else, mirroring what we saw in the U.S. figures for September,

These confidence surveys are reflecting what people are reading -- that the economy is not creating jobs. It doesn't mean that people are not spending. - Avery Shenfeld Quotes

These confidence surveys are reflecting what people are reading -- that the economy is not creating jobs. It doesn't mean that people are not spending.

Whenever you have a situation where inflation is not a material risk and the economy is underperforming, you should be thinking about a rate cut. There's a potential reward and not much risk. - Avery Shenfeld Quotes

Whenever you have a situation where inflation is not a material risk and the economy is underperforming, you should be thinking about a rate cut. There's a potential reward and not much risk.

The Bank of Canada remains on the warpath against inflation in an economy where recent job and production gains are, in its view, too much of a good thing. - Avery Shenfeld Quotes

The Bank of Canada remains on the warpath against inflation in an economy where recent job and production gains are, in its view, too much of a good thing.

We expect the combination of a U.S. growth moderation and the lagged impacts of a strong Canadian dollar on factory employment to do a lot of the work in engineering that cooling in Canadian hiring, leaving the Bank of Canada with only another 50 basis points in rate hikes. - Avery Shenfeld Quotes

We expect the combination of a U.S. growth moderation and the lagged impacts of a strong Canadian dollar on factory employment to do a lot of the work in engineering that cooling in Canadian hiring, leaving the Bank of Canada with only another 50 basis points in rate hikes.

Looking only at 'affected areas' could understate the storm impacts, due to linkages between ports and more distant facilities.... we know that jobless claims have fallen off sharply as we moved past the storm impacts, another hint of underlying labor market vitality. - Avery Shenfeld Quotes

Looking only at 'affected areas' could understate the storm impacts, due to linkages between ports and more distant facilities.... we know that jobless claims have fallen off sharply as we moved past the storm impacts, another hint of underlying labor market vitality.

What counts, of course, is what the trend would have been absent hurricanes Katrina and Rita, - Avery Shenfeld Quotes

What counts, of course, is what the trend would have been absent hurricanes Katrina and Rita,

Hurricane Katrina Hurricanes

Today's statement ups the odds that the Bank of Canada will be back again with a 25 bp (basis point) 'Christmas present' in December. - Avery Shenfeld Quotes

Today's statement ups the odds that the Bank of Canada will be back again with a 25 bp (basis point) 'Christmas present' in December.

Ahead of the storm clouds, the American job market was humming along nicely, a result that says little about where things will stand as the recent spike in energy prices begins to bite, - Avery Shenfeld Quotes

Ahead of the storm clouds, the American job market was humming along nicely, a result that says little about where things will stand as the recent spike in energy prices begins to bite,

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