Analysts confident of another rate cut in March #LesTwarog

Thursday, January 29th, 2015

Jamie Henry

Disappointing data from Statistics Canada that show a weaker labour market in 2014 than previously thought has increased anticipation of another cut in interest rates. With lower oil prices having an impact on inflation and concern over the global economy there has been talk of further reductions already with economists including those from TD Bank expecting the BoC to cut again when they meet in March.

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