Post by
flamingogold on Apr 05, 2024 9:02am
Blowout jobs #
Take your pick... boffo jobs report means no recession. But also June rate cut odds declining and likely off the table now.
Comment by
flamingogold on Apr 05, 2024 9:08am
I should mention this is US data. Canada not so great and a rate cut likely by June
Comment by
mouserman on Apr 05, 2024 4:19pm
Canada GDP and trade surplus a positive, but unemployment up... Biggest problem i see is inflation, likely being pushed by oil prices jumping 12 % in the past month. Be very surprised ( and wont believe the data) if they show inflation still dropping. Very few parts of the economy not affected by high fuel prices.