This is a news story, published by financialpost, that relates primarily to The Bank of Canada news.
For more interest rates news, you can click here:
more interest rates newsFor more news from financialpost, you can click here:
more news from financialpostOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about interest rates, you might also like this article about
discretionary consumer spending. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest recession news, high interest rates news, news about interest rates, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
consumer sentimentfinancialpost
•78% Informative
The Bank of Canada says business and consumer sentiment remained low during the third quarter of this year .
High interest rates and higher costs are the main reasons for low business sentiment.
Consumers are less pessimistic about their financial situation than the previous quarter , and 44 per cent have noticed interest rates falling.
Around half of consumers are still expecting a recession in the coming year .
VR Score
83
Informative language
83
Neutral language
81
Article tone
informal
Language
English
Language complexity
58
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
5