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Bank of Canada 50-bps-cut not a 'sure thing': Economists on the jobs numbers

financialpost
Summary
Nutrition label

80% Informative

Economists are looking to the jobs numbers to help the Bank of Canada decide whether to cut interest rates by 50 basis points at its next meeting on Oct. 23 or stick with the standard quarter -point cut.

The unemployment rate for those aged 25 to 54 rose to 5.5 per cent , the highest level since 2017 .

VR Score

88

Informative language

89

Neutral language

81

Article tone

semi-formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

9

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