The Canadian dollar averaged 78.57 cents US, down 0.59 of a US cent as
inflation numbers came in below analyst expectations.
He said that even if U.S.
inflation numbers come in better than expected they would not lead to a sustained dollar recovery but a short - term gain.
Not exact matches
That's exactly what sparked the stock market correction last month: a higher - than - expected average hourly earnings
number in January's jobs report ignited fears that
inflation might finally be
coming to life, and in response the Federal Reserve may look to hike rates more aggressively than the three projected increases for this year.
The sales
numbers come two days after ONS data showed a surprise fall in the rate of
inflation in June.
I see
inflation creeping up a bit and it «s something to keep an eye on, and I see, by and large, the economic
numbers looking fairly positive, including new orders which is really an indication of where the economy is going to be heading in the months to
come.
For me the main information
coming out of CPI
inflation data is that consumer demand relative to total production continues to be too weak to drive up prices, something confirmed earlier this week by the August trade
numbers, which failed to suggest strong growth in domestic demand.
The lower costs associated with gasoline also led to a decline in the year - on - year consumer -
inflation numbers, which
came in at 2.0 percent compared to 2.2 percent in September.
The
inflation numbers just
came out and the results where as follows: — CPI (YoY) Jun: 0.50 % (est 0.40 %; prev 0.30 %)-- CPI Core (YoY) Jun: 1.40 % (est 1.30 %; prev 1.20 %)-- RPI (YoY) Jun: 1.60 % (est 1.50 %; prev 1.40 %)-- PPI Input NSA (MoM) Jun: 1.80 % (est 1.30 %; rev prev 2.20 %) These are great -LSB-...]
But he has yet to identify where that money is
coming from, and that «unprecedented» amount of funding is actually the smallest, or second smallest, state contribution to the MTA since 2000 when adjusted for
inflation, depending on how you crunch the
numbers, according to the non-partisan Citizens Budget Commission.
It
comes as the Institute for Fiscal Studies says despite a Conservative promise to raise school spending with student
numbers, the amount spent per pupil is likely to fall by around 8 %, taking into account
inflation experienced by schools, by 2020.
It might protect wealth over a
number of years if the government
comes along and ruins fiat money either because of
inflation or because they're pumping too much money into the system.
We're now suggesting the Home Buyers» Plan withdrawal limit be permanently indexed to
inflation, so we don't have to
come back to the federal government to change the
numbers.