The June jobs data blew past expectations, all but insuring that the Bank of Canada will hike interest rates
by a quarter point next week — the first rate hike in seven years.
Not exact matches
And it also means that bond market traders believe we're likely to see at least a
quarter point hike in interest rates
by the middle of
next year.
Even so, new projections released
by the Fed show that officials expect three
quarter -
point rate hikes
next year, one more than was forecast in the September projections.
The dollar is seeing some support as the markets anticipate that the Fed will raise interest rates
by a
quarter -
point next Wednesday.
Speaking
by phone from Montreal on Wednesday, economist Paul - Andre Pinsonnault predicted Governor Stephen Poloz will cut the policy rate
by a
quarter point to 0.25 percent
next month, matching a record low set in 2009 during the global financial crisis.
The Fed raised policy rate levels
by a
quarter point at its mid-March meeting, and the U.S. economy has achieved sufficient levels of unemployment and inflation to encourage further gradual policy tightening this year and into
next.
While the world waits for the release of the MediaPad, the company has in the meantime already announced its desire to launch the tablet in India in the
next quarter, as
pointed out
by the Huawei India Marketing director Anand Narang.
When the central bank increased its benchmark interest rate
by a
quarter point in July, Governor Stephen Poloz said the
next change would depend on incoming data.
For example, as one critic
pointed out immediately, he only calculated how heat would be shuttled through the atmosphere
by radiation, ignoring the crucial energy transport
by convection as heated air rose from the surface (this deficiency would haunt greenhouse calculations through the
next quarter - century).
Though Shen didn't share any details about the device itself, he did apparently make a
point to highlight that with continued success of the ZenFone 4 series, ASUS could be one of the seven profitable smartphone businesses
by sometime in the third
quarter of
next year.
«We'll likely see movement up
by 20 basis
points per
quarter for the
next few
quarters.»