Sunday, 8 December 2024

The Weekly Bottom Line: Data Clears the Path for the Rate Cut in December

by BD Banks

Canadian Highlights The odds of a 50 basis-point rate cut rose to 80% as the unemployment rate ticked up to its highest level since January 2017 (excluding the pandemic). There are notable positives in the jobs report. Employment rose by more than twice the consensus forecast, and the employment rate held steady in October, breaking […]

The post The Weekly Bottom Line: Data Clears the Path for the Rate Cut in December appeared first on Action Forex.

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