BMO expects a Fed rate hike of 50 bps in May as inflation cuts spending power
StatsCan research found a threshold effect to curbs on activity
Sales dropped in eight of 11 subsectors including furniture, down 11.3%
December GDP could be less than expected, a CIBC economist warns
The 1.6% increase in retail sales in October beat estimates of 1%
Model forecast jumps on recent robust readings
High prices aren't deterring consumers from spending
Choppy data may prompt caution from the Bank of Canada
As the economy reopened, shoppers diverted some of their spending from goods to services
Retail sales fell much larger than Wall Street analysts had expected