Marc Levesque Quotes
15 Marc Levesque quotes:
"I don't know anybody out there who is not expecting the Bank of Canada to hike 25 basis points next week."
Category:
"They said nothing's changed in their view of the economy so markets focused on the word 'modest' to mean they'll be less aggressive."
Category:
"In our view, there is still is every reason for the Bank of Canada to continue to nudge its rate higher, and we are not changing our call for a four per cent (overnight) rate by April."
Category:
"The data aren't providing any reason for the Bank of Canada to pause. The risks are on the upside for rate increases. Investors are going to sell bonds."
Category:
"This report paints a picture very similar to the fall survey and shows an economy practically at full capacity."
Category:
"Real exports are poised to take a bite out of Canada's growth performance for the first quarter as a whole."
Category:
"So exports actually contributed to net GDP growth in November."
Category:
"This morning's merchandise trade report certainly came as a shocker, but this is one case where the headline looks much worse than the details of the data."
Category:
"If we end up with a majority government you could see a bit of a rally in the currency but it would be short-lived. Canada's economy is comfortably in surplus and that backdrop isn't going to change, no matter who wins."
Category:
"This is really a tale of two job markets."
Category:
"There's little market reaction I think for two things. First, the strength was anticipated to some extent. Second, the market is very tightly focused on what the Bank of Canada is doing this afternoon."
Category:
"The Bank of Canada cannot afford to be complacent if it wants to keep inflation in check over its 18-24 month time horizon ... Look for the overnight rate to peak at 4 percent."
Category:
"The strength of today's report certainly will not be lost on the Bank of Canada ... as a result, we still believe the odds favor another rate hike from the bank in April."
Category:
"I don't think they want to commit to any future rate hikes in case things start to sour. They're just leaving all the doors open."
Category:
"Most importantly, the Bank of Canada is not giving the impression that it has much of an appetite for further rate hikes beyond the 4 percent level."
Category: