“There is now a real risk of no rate cut in November, with the near-term path for rates highly data dependent,” he added. “The key data between now and the November monetary policy meeting are the September labour force release, household spending data and the Q3 CPI. Ahead of those data points (and a detailed Q3 CPI preview), we will hold our November rate cut call for now.
Trending
- 6 Big Medicare Mistakes to Avoid for a Healthy Retirement
- TD pledges to cut billions in costs as it restores guidance
- Beyond the Assembly Line: Networking
- The Evolving Landscape of Medical Leaves in the Workplace
- TD’s U.S. investment-banking ambitions risk leaving Canada behind
- The Budget-Friendly Benefits of Using a VPN
- AI Is the New Money Guru, or Is It?
- 5 Factors to Consider if You Expect to Work Past 75
