Mon. Dec 23rd, 2024

The Bank of Canada is inching closer toward rate cuts: senior economist

The Bank of Canada is inching closer toward rate cuts: senior economist

The Bank of Canada is unsure on the timing of it's rate cuts, but the BOC is inching closer, says James Marple, Managing Director and Senior Economist with TD Bank Group. The BOC's minutes from its March 6th meeting suggests there was consensus that "if the economy evolves in line with the Bank’s projection, the conditions for rate cuts should materialize over the course of this year", Marple points out.

Subscribe to BNN Bloomberg to watch more videos: https://www.youtube.com/BNNBloomberg

Connect with BNN Bloomberg:
For the latest news visit: https://www.bnnbloomberg.ca
For a full video offering visit BNN Bloomberg: https://www.bnnbloomberg.ca/video
BNN Bloomberg on Facebook: https://www.facebook.com/BNNBloomberg
BNN Bloomberg on Twitter: https://twitter.com/bnnbloomberg
BNN Bloomberg on Instagram: https://www.instagram.com/bnnbloomberg
BNN Bloomberg on LinkedIn: https://www.linkedin.com/company/bnn-bloomberg
--
BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.

Related Post