Sherry Cooper Hike Quotations

We remain of the view that next week's rate hike will not be the Fed's last work this cycle. Indeed, they will likely eventually unwind all of last fall's crisis-induced easing.

Right now, it appears that the (Fed) believes that the odds are better than 50-50 that another 25 basis point rate hike will be warranted.

Right now, the acceleration in commodity prices tips the scales for a 16th and a 17th rate hike by the Fed.

(Today's data) will likely keep the Bank of Canada on track for a rate hike at next week's decision,

High energy prices keep on working their way through the system. The risks remain skewed to a mild up-creep in core inflation during the months ahead, which will keep the Fed on track for another rate hike in March and likely in May.