US Edition
‘Exceptionally Weak’ Jobs Report Prompts Markets, Economists to Revise Expectations for Next BoC Rate Decision
Market odds for a 25 basis point Bank of Canada rate cut spike to 90% following August's 65,500 job losses, the largest since January 2022, Statistics Canada reported.
Summary by The Globe & Mail
4 Articles
4 Articles
Weak jobs number ‘cements’ Fed rate cut, BoC likely to follow suit: Earl Davis
Weaker than expected employment data from both sides of the border has increased the likelihood of a rate cut this month from the Bank of Canada and made a cut from the U.S. Federal Reserve a certainty, according to one expert.
·Canada
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Coverage Details
Total News Sources4
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution33% Left, 33% Center, 33% Right
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
L 33%
C 33%
R 33%
Factuality
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