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Is the Bank of Canada done easing?
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Is the Bank of Canada done easing?
Some unexpectedly strong employment estimates from Statistics Canada last Friday caused markets to reprice abruptly, with the expectation that the Bank of Canada is done easing and will hold its policy rate steady at 2.25% through 2026. The unexpected employment gains for November were driven entirely by survey results reporting part-time jobs (below in yellow […]
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