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Weak Jobs Report Raises Odds of Bank of Canada Cut in June

Summary by Bloomberg
Canadian jobs data point to the start of a period of rising unemployment, and markets are betting the Bank of Canada is more likely to restart interest rate cuts in June.

Bias Distribution

  • 67% of the sources lean Right
67% Right
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Bloomberg broke the news in United States on Friday, May 9, 2025.
Sources are mostly out of (0)