3 Quotes by Ted Carmichael

We had a very good fourth quarter for employment.

The data point to the dilemma facing the Bank of Canada. Rising economy-wide labor cost pressures are likely to push core inflation above the 2 percent target in the second half of 2006, implying a need for further reduction in monetary stimulus.

We think there's going to be two more rate hikes. One in March and then another in April.