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'Grinding' rise in unemployment rate means Bank of Canada will start cutting rates again
financialpost.com/news/economy/grinding-rise-in-unemployment-rate-means-bank-of-canada-will-start-cutting-rates-again
Canada’s unemployment rate
in May rose to seven per cent, its highest level since 2016, excluding pandemic years 2020 and 2021, and economists say that may force the
Bank of Canada
to
cut rates
sooner rather than later.
The…
This story appeared on financialpost.com, 2025-06-06 15:34:01.