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-0.000201682609196707 -0.00014405900656896 -0.00048980062233479 -0.000201682609196707 0.00144059006569091 0.00146940186700486 0.00386078137605172 0.00289558603203887
Stock impact report

Christine Poole's Top Picks: June 13, 2024 [BNN Bloomberg (Canada)]

Home Depot, Inc. (The) (HD) 
Last home depot, inc. (the) earnings: 2/25 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.homedepot.com
Company Research Source: BNN Bloomberg
Focus: North American large-cap stocks MARKET OUTLOOK: Price pressures are moderating, and the monetary easing cycle has begun with several central banks in advanced economies announcing interest rate cuts. The Swiss National Bank led with a rate cut in March, followed shortly by Sweden's Riksbank, and more recently the Bank of Canada and the European Central Bank. While central banks are starting to pivot, they have warned that future rate cuts would be gradual and data-dependent. Notably, ongoing strength in the U.S. labour market has pushed back expectations of a rate cut by the U.S. Federal Reserve at least until fall. In Canada, employment growth is lagging population growth, with job gains insufficient to keep the unemployment rate from rising to 6.2 per cent. The lagged impact of higher interest rates is still not fully felt here due to variable mortgages with fixed monthly payments and fixed-rate mortgages that come due for renewal over the next two years. Higher debt s Show less Read more
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