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Canada: Real GDP expands by 0.6% MoM in November vs. 0.3% expected

Canada's Real Gross Domestic Product (GDP) expanded at a monthly rate of 0.6% in November, data published by Statistics Canada showed on Tuesday. This reading was well above the consensus market forecast for a growth rate of 0.3% MoM and marked a slight deceleration in the 0.8% MoM growth rate seen in October.

Canada Gross Domestic Product (MoM) came in at 0.6%, above forecasts (0.3%) in November

Canada Gross Domestic Product (MoM) came in at 0.6%, above forecasts (0.3%) in November
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Fed's Harker: Supports 25bps hike in March, could do 50bps, but less of a possibility now

Federal Reserve Bank of Philadelphia President Patrick Harker said on Tuesday that he supports a 25bps rate hike in March and that while the Fed could
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