Bloomberg: Canada Job Surge Spurs Traders to Pare Rate-Cut Bets
'The data suggest the Canadian economy is beginning to find its footing, Karl Schamotta, chief market strategist at Corpay, said in a report to investors. “But we suspect the Bank of Canada’s dovish stance will remain intact for now, with officials continuing to push rates into neutral territory — and perhaps beyond — as they attempt to build a firewall against further weakness, particularly if Donald Trump follows through on his threats to apply tariffs against Canadian goods,” Schamotta said.' Bloomberg: Canada Job Surge Spurs Traders to Pare Rate-Cut Bets