Title: The Weekly Bottom Line: Data Clears the Path for the Rate Cut in December
Post by: forex4you on Dec 09, 2024, 06:46 am
Post by: forex4you on Dec 09, 2024, 06:46 am
The Weekly Bottom Line: Data Clears the Path for the Rate Cut in December
Source: The Weekly Bottom Line: Data Clears the Path for the Rate Cut in December (https://www.actionforex.com/contributors/fundamental-analysis/578646-the-weekly-bottom-line-data-clears-the-path-for-the-rate-cut-in-december/)
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 […]
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Source: The Weekly Bottom Line: Data Clears the Path for the Rate Cut in December (https://www.actionforex.com/contributors/fundamental-analysis/578646-the-weekly-bottom-line-data-clears-the-path-for-the-rate-cut-in-december/)