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Cryptopolitan 2023-08-27 18:56:25

Canadian economy expansion expected to slow down in Q2

The Canadian second-quarter GDP report is poised to unveil a substantial deceleration in economic expansion as of upcoming Friday’s release, as outlined by economists’ forecasts. This abrupt shift in momentum could potentially impact the stance of the Bank of Canada regarding its interest rate elevation strategy despite recent inflation data displaying a consistent upward trajectory. ... Read more

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