inflation was shown to have slowed
, which came out Friday. The share of businesses unable to meet demand and those suffering labour shortages are now both lower than just before the pandemic.Article content But there is one important data point yet to come: June job numbers on Friday. The economists at RBC say even though early cracks are beginning to show in Canada’s labour market, it won’t be enough to ward off another“Though there are signs that labour markets are softening, the unemployment rate is still historically very low,” said RBC economists Nathan Janzen and Carrie Freestone.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Posthaste: Why the case for a Bank of Canada hike may be less compelling than we thinkBut even if the Bank of Canada holds, don\u0027t look for rate cuts until 2024, economists say. Read more
Source: fpinvesting - 🏆 43. / 63 Read more »
Posthaste: Why the case for a Bank of Canada hike may be less compelling than we thinkBut even if the Bank of Canada holds, don\u0027t look for rate cuts until 2024, economists say. Read more
Source: nationalpost - 🏆 10. / 80 Read more »
Posthaste: Why the case for a Bank of Canada hike may be less compelling than we thinkBut even if the Bank of Canada holds, don\u0027t look for rate cuts until 2024, economists say. Read more
Source: financialpost - 🏆 7. / 85 Read more »
Posthaste: Why the case for a Bank of Canada hike may be less compelling than we thinkBut even if the Bank of Canada holds, don\u0027t look for rate cuts until 2024, economists say. Read more
Source: calgaryherald - 🏆 64. / 52 Read more »
Posthaste: Why the case for a Bank of Canada hike may be less compelling than we thinkThe central bank has said it would consider the data in making the decision, and there have been plenty since the June meeting
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Insolvencies on the rise amid interest rate squeeze: Former Bank of Canada economist - BNN BloombergA former Bank of Canada economist says the trend of rising household insolvencies could spell trouble for the broader economy down the line.
Source: BNNBloomberg - 🏆 83. / 50 Read more »