Canada’s economy outperforms in first quarter, raising pressure on BoC ahead of next week’s rate decision

Canada’s economy outperforms in first quarter, raising pressure on BoC ahead of next week’s rate decision

Upworthy

Published

The Canadian economy grew at an annualized rate of 3.1 per cent in the first quarter, exceeding analyst expectations and adding pressure on the Bank of Canada to raise interest rates again, perhaps as early as next week. After stalling in the fourth quarter of 2022, economic growth rebounded in…

#bankofcanada #statisticscanada #baystreet #bankofmontreal #douglasporter #canadians #bankofcanadas #dawndesjardins #deloittecanada

Full Article