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Weekly Commentary

Federal Reserve May Soon Consider a Reduction of Its Support Measures

May 21, 2021
Jimmy Jean • Mathieu D’Anjou • Benoit P. Durocher • Francis Généreux • Lorenzo Tessier-Moreau • Hendrix Vachon

HIGHLIGHTS :

  • U.S. housing starts and home resales were down in April.
  • Canada: The total annual inflation rate surpassed the target range.
  • Canada: The housing market caught its breath in April, with housing starts and existing home sales both down.
  • Canada: Retail sales surged again in March.