BMO economist predicts rate cuts and lower inflation for Canada, while highlighting weak economic growth and corporate profits on Nostr: Deputy Chief Economist suggests Bank of Canada should cut interest rates in June ...

Deputy Chief Economist suggests Bank of Canada should cut interest rates in June
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#f1e9e32a ver:0.18

Deputy Chief Economist suggests Bank of Canada should cut interest rates in June due to falling inflation, slowing GDP per capita, and a weakening labor market. Financial markets are leaning towards a rate cut in July, but economists believe new inflation figures will solidify expectations. However, recent strong employment figures have shifted expectations away from a rate cut next month. #BankofCanada #interestrates #inflation...

#newstr #BankOfCanada #InterestRates #RateCut #Inflation #Gdp #LabourMarket #FederalReserve

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