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How today’s surprisingly weak jobs report has shifted market bets and economist views for future BoC rate cuts

Summary by The Globe & Mail
Traders and economists react

3 Articles

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Financial PostFinancial Post
Lean Right

Bank of Canada April rate cut still in play as job market weakens, economists say

Canada's economy lost jobs in March for the first time since January 2022, with the unemployment rate rising to 6.7 per cent from 6.6 per cent the month before, Statistics Canada said Friday.

·Canada
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The Globe & MailThe Globe & Mail
Center

How today’s surprisingly weak jobs report has shifted market bets and economist views for future BoC rate cuts

Traders and economists react

·Canada
Read Full Article
morningstar.camorningstar.ca

Canada’s Labor Market Stumbles, Putting Bank of Canada Interest Rate Cuts Back in Play

March jobs report shows largest decline in hiring in three years.

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Bias Distribution

  • 50% of the sources are Center, 50% of the sources lean Right
50% Right
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The Globe & Mail broke the news in Canada on Friday, April 4, 2025.
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Similar News Topics

Bank of Canada

Bank of Canada

Unemployment

Unemployment

Jobs

Jobs

Statistics Canada

Statistics Canada

Economy

Economy

Interest Rate

Interest Rate

Toronto, ON

Toronto, ON

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