Canada’s Economy Unexpectedly Contracts 1.1%; Loonie Weakens - Capital Economics

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Canada’s Economy Unexpectedly Contracts 1.1%; Loonie Weakens

31 August, 2021Bloomberg

That’s now off the table, according to Stephen Brown, an economist at Capital Economics Ltd.

“I had previously thought there was a reasonable chance that they might press on next week,” Brown, who still expects a taper in October, said by email. “That’s now been pushed back.”

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