TSX Closer: Thanksgiving Weekend, Indeed, For Canadian Stock Pickers as the Market Rises to Another Record Oct. 11 MT
TSX up 190 Points at Midday, Hit All-time High Earlier Oct. 11 MT
Canada Economics Brief: Overall, CIBC adds, BoC's Consumer Expectations Survey Shows "Ongoing Pessimism is Consistent With Need For Much Lower Interest Rates" Oct. 11 MT
Canada Economics Brief: Overall, CIBC says, BoC's BOS Points To An Economy "Clearly In Need of Rate Relief, and Leans Towards the Bank Needing To Take a Larger Step" Oct. 11 MT
Canada Economics Brief: However, consumers expect interest rates to remain elevated, which is affecting their spending decisions Oct. 11 MT
Canada Economics Brief: BoC's Q3 Canadian Survey of Consumer Expectations Notes Perceptions of financial stress have improved and fewer consumers reported reducing their spending Oct. 11 MT
Canada Economics Brief: "Consumers continue to think strong government spending and elevated housing costs are contributing to high inflation" Oct. 11 MT
Canada Economics Brief: In addition, Survey Says, expectations for inflation two years from now have declined significantly from last quarter and have returned to their pre-pandemic level Oct. 11 MT
Canada Economics Brief: But BoC's Q3 Canadian Survey of Consumer Expectations Adds they remain higher than they were before the COVID-19 pandemic Oct. 11 MT
Canada Economics Brief: BoC's Q3 Canadian Survey of Consumer Expectations Says perceptions of current inflation and their expectations for inflation over the next year have declined this quarter Oct. 11 MT
Canada Economics Brief: BoC's BOS Adds Expectations for inflation have also eased Oct. 11 MT
Canada Economics Brief: BoC's BOS Says Expectations for growth in wages, input costs and selling prices have continued to normalize as demand has slowed and inflation has come down Oct. 11 MT
Canada Economics Brief: BoC's BOS Notes Subdued demand has allowed capacity pressures to ease Oct. 11 MT
Canada Economics Brief: BoC's BOS Says Sales expectations remain softer than average but have improved slightly this quarter Oct. 11 MT
Canada Economics Brief: BoC's BOS Notes Firms reported weak past sales growth due to past inflation and interest rate increases continuing to weigh on the economy, particularly on consumers' budgets Oct. 11 MT
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