Governor Adriana Kugler did not attend or vote in the FOMC meeting last week (where they voted 9 - 2 to hold interest rates in her absence). The official reason given was that…
When the EU followed Japan and signed up to 15% tariffs, many commentators predicted that Canada would "cave" to Trump too. But Canada's situation is different to that of the…
President Trump has just announced a trade deal with Japan and the Philippines. What can we learn from these deals, and the deals already announced with the UK, China, Vietnam…
Attacks on Fed Chairman Jerome Powell are happening almost daily as the Trump administration tries to force him to step down early. At the start of July, Trump posted the…
Here is the chart comparing the futures price of copper on New York's COMEX exchange to the price on London's LME exchange: source Until Trump's inauguration…
US retail sales for May came in lower than expected, down 0.9% from April, and the culprit was auto sales. Here's the breakdown by sector: source Recall…
On the 11th June, The Economist magazine published an exclusive on the new trade deal Canadian Prime Minister Mark Carney was negotiating with President Trump. 24 hours later…
All the major central banks are now engaged in Quantitative Tightening, including at last the Japanese Central Bank. Japan has been the source of excess liquidity in the world…
There has been some debate as to whether President Trump's tariffs are a negotiating tactic to get better terms of trade, or whether they are a revenue-raising policy. It now…
President Trump has just announced 50% tariffs on the EU, effective on June 1st 2025. Here is his Truth Social post: source He says it's because negotiations with the…