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Keys to the market | iAIM Economic review for Oct. 28, 2022

October 31, 2022

 

Here's what caught our experts' attention for the week ending on October 28:

  • The Bank of Canada revised its outlook for the Canadian economy and surprised markets with at 0.50% rate hike, a smaller move than expected.
  • US third quarter GDP rebounded, but domestic spending slowed.
  • The markets are expecting the central banks to be more dovish in the coming quarters.

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Topic : Economic news

Written by iA