
Scott Anderson


Jobless rate hits 7%, but markets trim odds of July rate cut as job losses come in softer than expected
June 6, 2025
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Canada’s labour market continued to weaken in May, with the unemployment rate rising to 7%—the highest since 2016, excluding the pandemic years. But the deterioration was less severe than many economists had expected.

U.S. job growth defies expectations again, but tariff risks lurk
May 2, 2025
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U.S. job growth beat expectations for the second consecutive month, but economists warn the effects of reciprocal tariffs are still to come.

U.S. inflation hits 3%, Fed rate cut likely delayed until December
February 12, 2025
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U.S. headline inflation rose for the third straight month, raising the likelihood that the next Fed rate cut won’t happen until later this year.

U.S. inflation eased in June: Good news for Canadian mortgage shoppers
July 11, 2024
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U.S. financial markets got a boost today with a lower-than-expected inflation reading, marking the lowest level since May 2020.
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