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Weekly Commentary

The Federal Reserve Changes Its Tone

June 18, 2021
Nom du rédacteur
Jimmy Jean • Mathieu D’Anjou • Benoit P. Durocher • Francis Généreux • Lorenzo Tessier-Moreau • Hendrix Vachon

KEY STATISTICS OF THE WEEK :

  • The Fed hints at first signs of monetary policy normalization.
  • United States: Retail sales pulled back in May.
  • The increase in U.S. housing starts in May was weaker than expected.
  • Canada: The inflation rate climbs to 3.6%.
  • Canada: Housing starts edge up in May.
  • Canada: Existing home sales drop in May.

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The Federal Reserve Changes Its Tone (PDF, 980 KB)