![]() ![]() This should moderate wage growth and also increase competitive pressures, making it more difficult for businesses to pass on higher costs to consumers," the Bank of Canada said. "With weak economic growth for the next couple of quarters, pressures in product and labour markets are expected to ease. "Restrictive monetary policy continues to weigh on household spending, and business investment has weakened alongside slowing domestic and foreign demand."Įven though the labor market remains tight and wages are continuing to grow, inflation is easing, reflecting lower price increases for energy, durable goods and some services. "In Canada, economic growth came in flat in the fourth quarter of 2022, lower than the Bank projected," the Bank said in the statement. Justifying its decision, Canada's central bank said that economic developments are evolving broadly in line with its outlook. Markets largely expected the hold in rates, and gold priced in Canadian dollars continued to edge up after some early-morning losses. (Kitco News) The Bank of Canada paused its tightening cycle Wednesday, keeping its key overnight rate unchanged at 4.5%. Receive a comprehensive recap of the day's top stories directly to your inbox. In case you have doubts please contact this person or add them to review your PR.Get all the essential market news and expert opinions in one place with our daily newsletter. Open in VScode view here or there □ Table of Contents Linkedin-quiz-questions Want to contribute? Here is the source code Need help? If you want to meet each other or discuss quiz related problems or maybe ask for skills endorsement just join the Discord chat.Column Translation have links to quizzes in different languages Es, Fr, It, DE.That will help anyone to better learn concepts they might not Whatever is your goal - you are always welcome here! Feel free to use online grammar checker when you contribute! PLEASE □Īdd explanation ( or reference link) to your answers. Or possibly you would like to create your first pull request and be added as a contributor. This repository is for those looking for answers to the LinkedIn assessment quiz questions or willing to help others by contributing to the tests. ![]()
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