Economic Indicators

Decorative pattern

Economic Indicators

Canadian debt-to-income ratio declines in Q4

In Q4, there was $1.70 in credit market debt for every dollar of household disposable income

By Staff, with files from The Canadian Press |March 15, 2018

3 min read

Decorative pattern

Economic Indicators

Near-term outlook for loonie and U.S. dollar

With U.S. growth revised upward due to government spending and tax cuts, markets have priced in three Fed rate hikes for 2018. That’s allowed the U.S. dollar to put up a fight against global currencies despite a deficit projected to surpass US$1 trillion in 2019. “Generous long-end spreads versus still-low overseas yields are providing enough […]

By Staff |March 14, 2018

3 min read

Decorative pattern

Economic Indicators

What’s behind falling U.S. retail sales

U.S. consumers spent less at auto dealers, gas stations and department stores in February, causing overall retail sales to slip 0.1%. It was the third consecutive month of declining retail sales, the Commerce Department said Wednesday, though retail sales are still 4% higher from a year ago. In a CIBC economics report, Royce Mendes, director […]

By Staff, with files from The Associated Press |March 14, 2018

2 min read

Decorative pattern

Economic Indicators

How low inflation in eurozone could impact currency

European Central Bank head Mario Draghi says the expanding eurozone economy still faces “risks and uncertainties”— including a looming trade dispute with the United States—and has cautioned that inflation needs to rise further before monetary stimulus is ended. Draghi said Wednesday that higher inflation, not growth, is the “very clear condition” for the central bank […]

By Staff, with files from The Associated Press |March 14, 2018

2 min read