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Canadian Labour Congress Urges Interest Rate Cut to Provide Relief to Workers and Families /
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2024-06-10 14:04:25

Canadian Labour Congress Urges Interest Rate Cut to Provide Relief to Workers and Families on Nostr: Data Supports Bank of Canada Rate Cut in July =============== #3d963675 ver:0.13 Data ...

Data Supports Bank of Canada Rate Cut in July
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#3d963675 ver:0.13

Data supports a potential rate cut by the Bank of Canada in July due to easing inflation, sluggish growth, high unemployment, and household debt. However, concerns about the Canadian dollar's depreciation and cautious guidance from the central bank governor are arguments against a cut. Recent jobs data strengthens the case for a rate cut in July. The decision will impact inflation, unemployment, household debt, and the Canadian dollar. Expert opinions vary, with some predicting a cut in July and others expecting a pause before further cuts. #BankofCanada #interestrates #economy...

#newstr #BankOfCanada #InterestRates #UnemploymentRate #EmploymentRate #WageGrowth #Economy

https://here.news/story/3d963675?ver=0.13
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