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Weekly Commentary

Life after Rate Hikes

April 28, 2023
Royce Mendes
Managing Director and Head of Macro Strategy

  • Canadian labour market momentum probably continued in April. 
  • Canada’s trade balance is expected to have fallen into negative territory in March.
  • Will the Federal Reserve hike rates one final time?
  • The US labour market likely slowed further.
  • United States: The ISM indexes probably fell again.

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