Ed was on BNN this morning to share his thoughts on the recent CPI update. He stated that he does not think the small uptick in inflation has “moved the needle much”. Inflation seems to have peaked and is trending downwards. Given the lag between changing rates and...
Ed joined BNN for an interview this afternoon, where he gave his perspective on the ongoing problems in the banking sector. He began by remarking how we have to recognize that the new market for AT1 debt was done in a very “ad hoc” way, and that we shouldn’t expect to...
Ed Devlin joined BNN for an interview this morning to discuss expectations around the Bank of Canada’s interest rate decision tomorrow. He said that the key thing to watch and see if the Bank of Canada gives any clues about how they would respond to the emergence of...
Ed was on BNN this morning to give his thoughts on current market conditions. He began by saying that the recent market rally was driven by an increase in available liquidity, but that this liquidity is now being taken away by central banks. Consequently, the markets...
Ed joined BNN Bloomberg this morning to discuss the Bank of Canada’s upcoming rate hike. He began by stating that this is one of the most complicated set of market conditions he has ever seen, and that a difference of as little as 1.5% between expected an real...
Ed joined BNN this morning for an interview, where he gave his thoughts on the Bank of Canada’s upcoming rate hike. He was skeptical of the idea that we are nearing the end of the rate hike cycle. While he thinks its possible, there is a lot of uncertainty. Ed stated...
Ed Devlin, along with several others, contributed to an article for the CD Howe Institute on the potential impact of the Bank of Canada's balance sheet. The piece discusses why the BoC's balance sheet is so enlarged, what the consequences might be in the future, and...
Ed joined BNN Bloomberg this morning to give his thoughts on the latest CPI data. His initial reaction to inflation readings was that it was as expected, and that the key is to look at the trend. While he noted that inflation is “stubbornly” above the target rate, Ed...
Ed joined BNN for an interview this morning to discuss the Bank of Canada’s approach to interest rates. Ed began with his opinion that it is likely we will be in a recession next year. He elaborated by saying central banks were a bit slow to begin hiking rates, and he...
Ed joined BNN Bloomberg yesterday to discuss the probability of a recession. While he believes that a recession is “more likely than not”, Ed disagreed with the view that it was virtually guaranteed and instead placed the probability between two-thirds and...