GDP disappoints, but Bank of Canada unlikely to alter rate path - The Globe and Mail
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5/31/2022 12:00:00 AM2 years 11 months ago
by Matt Lundy
by Matt Lundy
Real GDP grows at 3.1 per cent annualized rate, slower than expected. But domestic demand is picking up
Canadas economic growth slowed in the first quarter of 2022, but an acceleration in demand showed why the Bank of Canada is unlikely to deviate from its course of rapid interest rate hikes. After ad… [+3983 chars]
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