• 09/21/2024

Weak Labor Market to Offer Bank of Canada Comfort on July Rate Cut

Wall Street Journal

A weak employment report for June should provide comfort to the Bank of Canada about following up June’s interest rate cut with another reduction in July, says CIBC Capital Markets.

https://www.wsj.com/articles/weak-labor-market-to-offer-bank-of-canada-comfort-on-july-rate-cut-cf71c949