BMO economist predicts rate cuts and lower inflation for Canada, while highlighting weak economic growth and corporate profits on Nostr: Canadian Economy Struggles as First-Quarter GDP Misses Expectations, Raising ...

Canadian Economy Struggles as First-Quarter GDP Misses Expectations, Raising Likelihood of Rate Cut
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#f1e9e32a ver:0.21

The Canadian economy struggles as Q1 GDP misses expectations, raising the likelihood of a rate cut. Household spending on services rose, but per capita spending on goods declined. The economy is facing challenges and losing steam, supporting the case for a rate cut. Bank of Canada governor says a rate cut is possible, driven by economic data. #CanadianEconomy #GDP #RateCut...

#newstr #CanadianEconomy #Gdp #RateCut #BankOfCanada #EconomicData

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