Quotations
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Avery Shenfeld Quotes
«It's pretty clear after (stronger than expected) third quarter GDP numbers they are going to hike in December, and the odds of a hike in January are rising, but they could still take a pause in January if core inflation doesn't heat up,»
Author: Avery Shenfeld
«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,»
Author: Avery Shenfeld
«August's 169,000 jobs gain, coupled with a 44,000 upward revision to the prior two months, left payroll employment just about where the market expected.»
Author: Avery Shenfeld
«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.»
Author: Avery Shenfeld
«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.»
Author: Avery Shenfeld
«It's pretty clear after (stronger than expected) third quarter GDP numbers they are going to hike in December, and the odds of a hike in January are rising, but they could still take a pause in January if core inflation doesn't heat up.»
Author: Avery Shenfeld
«The warning bells are starting to ring, that the drag on manufacturing from the Canadian dollar . . . is starting to show through, now that the U.S. economy is starting to slow.»
Author: Avery Shenfeld
«All told, a fairly strong reading that will only buttress the Bank of Canada's case for remaining hawkish.»
Author: Avery Shenfeld
«It's now evident that the US economy is headed for a very brisk first-quarter [growth] pace, with our above-consensus 4.8 percent real GDP forecast looking, if anything, too conservative.»
Author: Avery Shenfeld
«If markets felt the Bank of Canada was going to press on with rate hikes after the Fed stopped, that could fuel an overheated Canadian dollar, providing too much of a braking force on exports.»
Author: Avery Shenfeld