Anyone worried about interest rates, economic growth and jobs numbers is bracing for a busy and consequential week. Canadians will be hit by a tsunami of economic data over the next 10 days.
The latest inflation numbers, data on how much stuff Canada’s economy is cranking out and a key reading on the mood of consumers won’t just tell us how the economy has performed through the first half of the year, they’ll set policy decisions that will dictate how the rest of the year will unfold.
“I would say it’s very important,” said RBC economist Carrie Freestone.
Freestone said she believes the Bank of Canada will probably raise rates when it meets
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