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Market focus likely turning to labour outlook: Berman
Historically, the labour market is always the last part of the business cycle to break.
Historically, the labour market is always the last part of the business cycle to break.
Here are five things you need to know this morning.
The Bank of Canada may hesitate to make aggressive rate cuts until policymakers feel assured the U.S. Federal Reserve is ready to start lowering borrowing costs, Vanguard Group economist Roger Aliaga-Diaz said.
Following the Bank of Canada’s recent decision to cut interest rates, a former Bank of Canada governor predicts interest rates to settle around three per cent over the coming years.
Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 2.4 per cent to $83.3 billion in April.
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