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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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Bias Distribution

  • 67% of the sources lean Left
67% Left

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Winnipeg Free Press broke the news in Winnipeg, Canada on Monday, April 1, 2024.
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