Weak GDP adds to slowdown signs, but not enough to spur more BoC cuts

Canada’s economy contracted 0.3% in August, reversing July’s rebound. Despite the softness, economists don’t expect the Bank of Canada to deliver additional rate cuts this year. 

Canada’s economy contracted 0.3% in August, reversing July’s rebound. Despite the softness, economists don’t expect the Bank of Canada to deliver additional rate cuts this year.  CMT News 

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