A Short Report That Shocked the Markets
The Canadian Investor
00:00
Can the Bank of Canada Be Aware of Job Vacancies?
Tiffany McClim, Bank of Canada's chief economist, said that a lot of things are not as they expected. The economy is not cooling down as much as they thought and global supply chains are actually recovering faster than expected. So I do wonder if they've considered things like job vacancies when doing these rates to slow the economy down because for the most part, they're trying to slow down the labor market.
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