FED: Gov Waller: Payrolls Overstated By 50-60k/Month; Fed 50-100bp Above Neutral

Dec-17 13:31

Gov Waller unsurprisingly remains concerned about the labor market following the latest nonfarms rel...

Historical bullets

CANADA DATA: Oct YOY CPI +2.2% as Expected, Down From +2.4% In Sept

Nov-17 13:30
  • Oct YOY core CPI-median 2.9% from prior 3.1% and CPI-trim at 3% from 3.1%.
  • Gasoline prices (-9.4%) slowed overall inflation but CPI ex food and energy quickened to 2.7% from 2.4%.
  • YOY Food +3.4% vs prior 4%; shelter +2.5%.
  • Oct grocery prices fell but remain high, exceeding inflation for nine consecutive months.
  • Rent and passenger vehicles among the main contributors to CPI increase.
  • Report is in line with BOC's view of inflation after last month's rate cut.

CANADA OCT CPI 2.2% YOY, MATCHING FORECAST, PRIOR 2.4%

Nov-17 13:30
  • CANADA OCT CPI 2.2% YOY, MATCHING FORECAST, PRIOR 2.4%
  • CANADA OCT CPI EX FOOD & ENERGY 2.7% VS SEPT 2.4%
  • CANADA CORE TRIM CPI 3% FROM PRIOR 3.1%, MEDIAN 2.9% FROM 3.1%
  • CANADA INFLATION SLOWS YOY ON 9.4% FALL IN GASOLINE PRICES

MNI: FOREIGN HOLDINGS OF CANADA SECURITIES +31.3B CAD IN SEP

Nov-17 13:30
  • MNI: FOREIGN HOLDINGS OF CANADA SECURITIES +31.3B CAD IN SEP
  • CANADIAN HOLDINGS OF FOREIGN SECURITIES +22.1B CAD IN SEP