Bank of Canada rejects recession label for economy’s weakness

Date:

Share post:




Bank of Canada officials rejected the notion that the country’s economy is in recession as they set borrowing costs earlier this month, though they acknowledged weak growth and labour market slack.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Intuitive Machines vs. Rocket Lab: Which Space Stock Can Send Your Returns Into Orbit in 2026?

Are you looking to capitalize on the next frontier of human expansion? Comparing Intuitive Machines (LUNR -1.33%)...

Chase Q4 2026 Pay Yourself Back Categories and Redemption Rates

Chase Pay Yourself Back Q4 2026 Categories Chase has shared its Q4 2026 Pay Yourself Back categories for...

Raytheon secures $24.4B contract for SM-6 interceptors

Raytheon secures $24.4B contract for SM-6 interceptors

Are 8% Mortgage Rates a Foregone Conclusion?

The longer this aggressive uptrend goes on, the more it feels like 8% mortgage rates are inevitable.By...