David Powell Quotes

Ultimately, any loss of child care could potentially be a crisis. We're always seeing a demand for it, especially with the economy being a factor in both parents needing to work.

- David Powell

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Ultimately | Loss | Child | Care | Potentially |

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You can see that dollar/Canada's had trouble going below C$1.15. I think that's a reflection of the fact that the statement was somewhat less hawkish, and traders are less sure about the course of monetary tightening in Canada. - David Powell

We're seeing some last-minute dollar strength, but there's really nothing much to it considering we're completely dead in terms of economic releases. - David Powell

The wording was that monetary policy is still stimulative, which implies further rate hikes down the line. And this morning, when capacity utilization was released, that definitely augured well for another rate hike. - David Powell