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The Canadian swap market sees a 65% chance that the Bank of Canada will cut interest rates by 50 basis points next week, up from 58% before the jobs data.

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2024-12-06 13:36:24
Canadian market expected Canadian central bank weekly interest rate cut 50 basis point possibilitydesk3cryptocurrencydesktopCrypto News
The Canadian swap market sees a 65% chance that the Bank of Canada will cut interest rates by 50 basis points next week, up from 58% before the jobs data.
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U.S. Bureau of Labor Statistics: The unemployment rate was 4.2 percent in November, and the number of unemployed was 7.10 million. The figures were higher than a year ago, when the unemployment rate was 3.7 percent and the number of unemployed was 6.30 million.
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The number of non-farm workers in the United States increased 227,000 rebounded sharply from the previous month

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