- Jimmy Jean • Benoit P. Durocher • Francis Généreux • Lorenzo Tessier-Moreau • Hendrix Vachon
Weekly Commentary
The Federal Reserve Begins to Normalize Its Monetary Policy
November 5, 2021
KEY STATISTICS OF THE WEEK :
- The Federal Reserve starts to taper its asset purchases.
- United States: Job growth improved in October.
- United States: Strong growth in the ISM services index, while the manufacturing index slips.
- United States: First monthly increase in new car sales since April.
- Canada: More modest employment growth in October.
- Canada: The merchandise trade balance improved slightly in September.
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