Robust Canadian Wage Growth Fueling Bet on Summer Rate Rise
Wall Street Journal
Traders are starting to price in the probability of a summertime interest rate increase by the Bank of Canada following labor data that suggested annual wage growth remains elevated, economist David Rosenberg of Rosenberg Research tells clients in a note.
https://www.wsj.com/articles/robust-canadian-wage-growth-fueling-bet-on-summer-rate-rise-580503e1