Published 1 year ago • loading... • Updated 1 year ago

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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Global News

Lean Left

Canadian consumers and businesses pin hopes on lower interest rates: BoC - National

Canadian consumers and businesses are slightly more optimistic about the future, Bank of Canada surveys show, though both groups are dealing with high interest rates and inflation.

1 year ago·Toronto, Canada

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Prince George Citizen

Lean Left

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.

1 year ago

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Flin Flon Reminder

Lean Left

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.

1 year ago·Flin Flon, Canada

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CBC News

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Some consumers, businesses are feeling more optimistic about the economy, say BoC surveys

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.

1 year ago·Canada

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WTVB

Center

Canadian 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…

1 year ago

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Financial Post

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Toronto Sun

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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.

1 year ago·Canada

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