Quotations
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Eric Lascelles Quotes
«The Bank of Canada may look closely at this number and sit up and think whether they should go further. There is a probability they may go beyond 4 percent.»
Author: Eric Lascelles
«There is huge strength in employment ? It shows continued strength in the labor market, which supports the Canadian dollar. The Bank of Canada may look closely at this number and sit up and think about whether they should increase interest rates further. There is probability they may go beyond 4 percent.»
Author: Eric Lascelles
«(The report is) a testament to the fact that the Canadian manufacturing sector continues to confront a wide spectrum of challenges, including elevated input prices and a muscular Canadian dollar.»
Author: Eric Lascelles
«I don't think this is going to cause the Bank of Canada to differ in its ways. We still think 4 percent (overnight rate) is the likely peak for them.»
Author: Eric Lascelles
«Today's twin reports provide a further excuse for the Bank of Canada to halt at 4.0 percent after next week's hike.»
Author: Eric Lascelles
«The intent of that, in my view, is to say they are very cautious about looking forward. A rate hike should not be expected in the same vein that one was expected for today.»
Author: Eric Lascelles
«This ... suggests that the bank is well aware that the six consecutive hikes ... have a cumulative impact that has not yet been fully felt.»
Author: Eric Lascelles
«Today's report poured some further cold water on the outlook for the Canadian manufacturing sector, not that it needed any cooling off to begin with.»
Author: Eric Lascelles
«(The survey) certainly continues to suggest that the Bank of Canada need not be concerned about inflationary pressures arising from manufacturers.»
Author: Eric Lascelles
«The manufacturing sector continued to struggle. And in light of the sour business conditions survey ... that trend appears likely to continue.»
Author: Eric Lascelles