Canada GDP Decent But Won't Change BOC's Gradual Rate-Cut Approach -- Market Talk

Dow Jones

2024/12/23

0930 ET - Canadian economic data surprises with a "pretty decent report" on GDP growth, says BMO Capital Markets. GDP climbs 0.3% in October, and data covering August and September were revised higher. There was a blemish, with early indicators suggesting GDP declined in November. "There's nothing in these figures to change the BOC's more gradual rate cut narrative," the firm says.(Paul.Vieira@wsj.com, @paulvieira)

(END) Dow Jones Newswires

December 23, 2024 09:30 ET (14:30 GMT)

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GDP climbs 0.3% in October, and data covering August and September were revised higher. There was a blemish, with early indicators suggesting GDP declined in November. \"There's nothing in these figures to change the BOC's more gradual rate cut narrative,\" the firm says.(Paul.Vieira@wsj.com, @paulvieira) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 23, 2024 09:30 ET (14:30 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BOC","symbol_name":"Boston Omaha Corporation","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2493776518","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493776518","pubTimestamp":1734964200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0930 ET - Canadian economic data surprises with a \"pretty decent report\" on GDP growth, says BMO Capital Markets. GDP climbs 0.3% in October, and data covering August and September were revised higher. There was a blemish, with early indicators suggesting GDP declined in November. \"There's nothing in these figures to change the BOC's more gradual rate cut narrative,\" the firm says.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BOC":"Boston Omaha Corporation","BK4009":"广告"},"translate_title":"加拿大GDP不错，但不会改变加拿大央行逐步降息的方针——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BOC":1},"content_text":"0930 ET - Canadian economic data surprises with a \"pretty decent report\" on GDP growth, says BMO Capital Markets. GDP climbs 0.3% in October, and data covering August and September were revised higher. There was a blemish, with early indicators suggesting GDP declined in November. \"There's nothing in these figures to change the BOC's more gradual rate cut narrative,\" the firm says.(Paul.Vieira@wsj.com, @paulvieira) \n\n\n  (END) Dow Jones Newswires\n\n\n  December 23, 2024 09:30 ET (14:30 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}