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Weekly Commentary

The Federal Reserve Begins to Normalize Its Monetary Policy

November 5, 2021
Nom du rédacteur
Jimmy Jean • Benoit P. Durocher • Francis Généreux • Lorenzo Tessier-Moreau • Hendrix Vachon

KEY STATISTICS OF THE WEEK :

  • The Federal Reserve starts to taper its asset purchases.
  • United States: Job growth improved in October.
  • United States: Strong growth in the ISM services index, while the manufacturing index slips.
  • United States: First monthly increase in new car sales since April.
  • Canada: More modest employment growth in October.
  • Canada: The merchandise trade balance improved slightly in September.