this post was submitted on 31 Aug 2024
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[–] moistclump@lemmy.world 2 points 2 months ago (1 children)

GDP up, mostly government spending, per capital gdp and productivity is down. Would this affect a BoC rate decrease?

[–] northmaple1984@lemmy.ca -1 points 2 months ago* (last edited 2 months ago)

Other news articles are saying that everyone is predicting more rate cuts.

Personally, I think inflation is still higher than the government officially reports, the BoC shouldn't be cutting yet.