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Bank of Canada considers rate cuts due to job market weakness and U.S. tariffs impact.
The Bank of Canada may cut interest rates in April due to a weakening job market and the impact of U.S. tariffs.
Since March 2024, unemployment has risen above pre-pandemic levels, with full-time and private-sector jobs declining.
Economists believe these rate cuts could help mitigate economic pain in sectors like manufacturing and auto production affected by trade uncertainty.
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El Banco de Canadá considera los recortes de tasas debido a la debilidad del mercado laboral y al impacto de los aranceles estadounidenses.