4min chapter

The Loonie Hour cover image

The Hits Keep Coming, Bank of Canada Delivers Another Rate Hike

The Loonie Hour

CHAPTER

The US Job Market Is Still Strong

The US job numbers did come in less than expected, but there are some key employment numbers that are still very, very strong. The diffusion index for the ISM PMI services is actually relatively okay and has improved over the last little while. It's just we're in this like weird, you know, it used to be very easy to figure out what monetary policy is going to do. And now it's a bit trickier.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode