Out of the myriad of economic data, #CPI# is what matters most. And we made solid progress today. The question is, when will mortgage rates catch on? What CPI did Headline inflation, which usually hogs the spotlight, fell to 3.1% in October from 3.8% the prior month. But

Just when you thought jobs data Fridays couldn't get more exciting, the economic deities serve up two reports tailor-made for low-rate aficionados. Today's softer-than-expected employment data is keeping North American bond yields in a nosedive. And given the market's positive reaction to U.S.

The cat's out of the bag. All the monetary tightening to date may not be enough—not if today's stunning job growth is any indication. But don't worry, "just sit tight," central banks advise us. "Monetary policy takes time" — like

Getting inflation down is like wrestling a greased pig. Sometimes, it gets away from you for a while. This fall will be one of those times. Getting headline inflation back in the twos won't come easy. If you want to understand how challenging the Bank of Canada'