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Bank of Canada rate cuts needed to keep recession at bay: Desjardins
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Royce Mendes, managing director and head of macro strategy at Desjardins Group, talks about the Bank of Canada‘s latest monetary policy decision and what it tells us about the economy and where interest rates go from here.
The central bank lowered its policy rate down to 4.5 per cent in July but Mendes says there’s further to go.
. Read more on financialpost.comAbout this in other media
Bank of Canada is now less concerned rate cuts will drive up home prices globalnews.ca /4 months ago
Posthaste: Bank of Canada seen cutting interest rates faster as markets panic financialpost.com /4 months ago
Slowdown, likely rate cut in US will drive foreign investment to India: Experts economictimes.indiatimes.com /4 months ago
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