News Formal

‘Exactly what BoC is looking for’: Economist on business outlook survey

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 50%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

One economist says Canada’s economic data is moving in line with expectations following the release of the Bank of Canada’s business outlook survey.

David Doyle, managing director and head of economics at Macquarie Group, joins BNN Bloomberg to discuss the BoC business outlook survey.

“By in large, all of the data or most of the data that is included in that report could be used by Bank of Canada later this month in order to cut rates by a further 25 basis points,” Doyle told BNN Bloomberg during an interview on Monday. The recent data, which points to slowing growth in firms’ input and selling prices amid a weaker economic backdrop can be correlated with unions and public sector workers, Doyle said.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 83. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Canadian businesses keep investment spending below average due to weak demand outlook: BoC surveyThe Bank of Canada said on Monday in its second-quarter survey that businesses are expecting interest rates to come down by up to 100 basis points over the next year
La source: globeandmail - 🏆 5. / 92 Lire la suite »