• 09/22/2024

Canadian Retail Sales Add to Case for Another Rate Increase

Wall Street Journal

Coming off a strong first quarter of consumer spending in Canada, two consecutive months of higher retail sales isn’t what the Bank of Canada will be looking for as it hopes to slow domestic demand, says Randall Bartlett, senior director of Canadian economics at Desjardins.

https://www.wsj.com/articles/canadian-retail-sales-add-to-case-for-another-rate-increase-c1135e33