Economic Updates

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End of Quebec public sector strike boosts Canadian GDP in January

March 28, 2024

Canadian GDP rose by 0.6% in January led by a 6% increase in educational services, as public sector workers (mostly teachers) in Quebec return to work after being on strike in November and December

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U.S. Fed still expecting rate cuts but risks tilted to slower pace

March 20, 2024

Fed chair Powell reiterated in the press conference that expected interest rate cuts are conditional on inflation slowing further

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