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Benjamin Tal says a ‘reasonable scenario’ would be the Bank of Canada cutting interest rates in May, June of next year
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Benjamin Tal says a ‘reasonable scenario’ would be the Bank of Canada cutting interest rates in May, June of next year
Benjamin Tal says a ‘reasonable scenario’ would be the Bank of Canada cutting interest rates in May, June of next year
Canada's inflation rate has returned to the country's target range after a tumultuous couple of years of soaring prices.
Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
But despite the good news, the Bank of Canada is still in inflation-fighting mode and seems more likely to raise interest rates further than cut them anytime soon.