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Firms, consumers more optimistic about economy amid expected rate cuts: BoC surveys
- Consumer sentiment improved this quarter, with people expecting lower interest rates, according to the Bank of Canada.
- Consumers are less pessimistic about the economy and their financial situation.
- Fewer consumers believe they will need to further cut or postpone spending.
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29 Articles
29 Articles
Firms, consumers more optimistic about economy amid expected rate cuts: BoC surveys
OTTAWA — The Bank of Canada says business and consumer sentiment improved during the first quarter of the year, despite higher interest rates still putting a drag on the economy.
·Prince George, Canada
Read Full ArticleCanadian firms see outlook starting to improve, says central bank survey
By Promit Mukherjee and David Ljunggren OTTAWA, April 1 (Reuters) – Canadian firms are starting to see conditions improve after almost two years of deterioration but expect demand to stay subdued over the next year, the Bank of Canada (BoC) said on Monday in its first quarter survey. Fewer firms are planning for a recession in the coming 12 months and the number who expect to see inflation above 3% for the next two years has also fallen. And for…
Coverage Details
Total News Sources29
Leaning Left14Leaning Right2Center5Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 24%
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