Erik Hertzberg
Data Reporter at Bloomberg Businessweek
Journalist with @business. Watcher of #cdnecon data. Opinions mine
Articles
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5 days ago |
financialpost.com | Erik Hertzberg
Skip to ContentAdvertisement 1Canadian jobs data point to the start of a period of rising unemployment, and markets are betting the Bank of Canada is more likely to restart interest rate cuts in June. Article content(Bloomberg) — Canadian jobs data point to the start of a period of rising unemployment, and markets are betting the Bank of Canada is more likely to restart interest rate cuts in June. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load.
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5 days ago |
bloomberg.com | Erik Hertzberg
Pedestrians in the financial district of Toronto. (Bloomberg) -- Canadian jobs data point to the start of a period of rising unemployment, and markets are betting the Bank of Canada is more likely to restart interest rate cuts in June. Traders in overnight swaps put the odds of a quarter percentage point cut at about 60% after Statistics Canada data on Friday showed a surprise jump in the unemployment rate to 6.9% in April.
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5 days ago |
financialpost.com | Erik Hertzberg
Article contentBank of Canada Governor Tiff Macklem offered support to United States Federal Reserve Chair Jerome Powell from U.S. President Donald Trump’s attacks, as the Canadian policymaker called the independence of central banks “sacrosanct.”Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. We apologize, but this video has failed to load.
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6 days ago |
bloomberg.com | Erik Hertzberg
Jerome Powell, chairman of the US Federal Reserve and Tiff Macklem, governor of the Bank of Canada, during the Jackson Hole Economic Policy Symposium in 2024.
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6 days ago |
financialpost.com | Erik Hertzberg
Article content(Bloomberg) — The Bank of Canada is warning that the ongoing tariff dispute has “rattled markets” and increases the risk of “disorderly” selloffs that would test the country’s financial system. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team.
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