Weekly Economic Letter
A walk down inflation lane
Tue, Jul 14 2009, 06:33 GMT
by Economic and Strategy Team
National Bank of Canada | View company's profile
Vote:

8

0
Summary
-
There has been a decoupling between headline and core inflation. At 0.1%, the former is currently accelerating at its lowest rate in 15 years.
-
Core CPI inflation, instead, has remained firm at 2% since the beginning of the year despite an economy in recession.
-
Excess capacity in the economy as whole is not a sufficient condition for service price inflation to decelerate. In times of economic weakness or contraction, the goods sector is the one usually hardest hit.
-
Thirteen of nineteen CPI components are registering higher rates of inflation than a year ago. Those where inflation is decelerating fall into two major industry groups: transportation and shelter.
-
The market may begin to price a Bank of Canada move much sooner than suggested by the BoC in its conditional pledge to keep rates at current levels through June 2010.
Published on
Tue, Jul 14 2009, 06:35 GMT
Archive
- Canadian businesses must meet productivity challenge at all costs
Published On Mon, Mar 15 2010, 16:17 GMT
- Interest rate forecast: the debt factor
Published On Mon, Mar 8 2010, 22:27 GMT
- Businesses should spark sustainable U.S. recovery
Published On Mon, Mar 1 2010, 18:41 GMT
- State of household indebtedness in Canada
Published On Mon, Feb 22 2010, 19:25 GMT
- U.S. inflation dynamics suggest policy is too accommodative
Published On Tue, Feb 16 2010, 07:18 GMT
[ View All ]
Legal disclaimer and risk disclosure
This presentation may contain certain forward-looking statements about the 2009 Economic and Financial Outlook. Such statements are subject to risk and uncertainties. Actual results may differ materially due to a variety of factors, including legislative or regulatory developments, competition, technological change and economic conditions in Canada, North America or internationally. These and other factors should be considered carefully and readers should not rely unduly on National Bank of Canada’s forward-looking statements. This presentation may not be reproduced in whole or in part, or further distributed or published or referred to in any manner whatsoever, nor may the information, opinions or conclusions contained in it be referred to without in each case the prior express consent of National Bank.
Vote:

8

0
Related reports
The Trend Trader for ETFs by Pattern Trapper
Fri, Mar 19 2010, 01:44 GMT
USD/CHF 1.05 Support Holds by CMS Forex
Fri, Mar 19 2010, 01:33 GMT
Greek Dilemma Pressures EUR/USD by CMS Forex
Fri, Mar 19 2010, 01:29 GMT
Jobless Claims Fall Slightly, Labor Market Has Stabilized by CMS Forex
Fri, Mar 19 2010, 01:28 GMT
USD Gains on Greece Flare Up by Easy Forex
Fri, Mar 19 2010, 01:22 GMT
indicator, inflation, cpi
[ View All ]
Related content
Roach Vs Krugman on the value of the CNY
Forex Live | Fri, Mar 19 2010, 02:12 GMT
New Zealand Feb Credit Card Spending up to 1.1% vs -0.4%
FXstreet.com | Fri, Mar 19 2010, 02:01 GMT
Fed may raise discount rate before next meeting
Forex Live | Thu, Mar 18 2010, 23:20 GMT
Visitor arrivals in NZ fall
FXstreet.com | Thu, Mar 18 2010, 23:17 GMT
New Zealand Feb Visitor Arrivals up 0.50% from January 01
FXstreet.com | Thu, Mar 18 2010, 21:46 GMT
indicator, inflation, cpi
[ View All ]
The FX Trader’s Link » EURUSD pressured and SNB comments sends EURCHF down
Fri, Mar 19 2010, 01:44 GMT
Índice BSI - Todas las industrias (QoQ) Japón baja a -2.4 en 1Q desde -1.9
Wed, Mar 17 2010, 23:59 GMT
FX Path » Spot Gold - Bearish Correction to Long-Term Uptrend Line
Fri, Mar 12 2010, 01:34 GMT
Chartology » Aussie Continuation
Fri, Mar 12 2010, 01:33 GMT
The Advisor Weblog » Mixed US data
Thu, Mar 11 2010, 15:46 GMT
indicator, inflation, cpi
[ View All ]
How to Install Metatrader Indicators - Forex Forum - FXstreet.com
Thu, Mar 4 2010, 07:36 GMT
Sessions - Forex Forum - FXstreet.com
Thu, Mar 4 2010, 07:36 GMT
Bear Bull Power - Forex Forum - FXstreet.com
Thu, Mar 4 2010, 07:36 GMT
B Clock - Forex Forum - FXstreet.com
Thu, Mar 4 2010, 07:36 GMT
AMA Slope - Forex Forum - FXstreet.com
Thu, Mar 4 2010, 07:36 GMT
indicator, inflation, cpi
[ View All ]
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our
user agreement. Please read our
privacy policy and legal disclaimer.
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2010 "FXstreet.com. The Forex Market" All Rights Reserved.