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Bank of Canada risks recession if it waits to cut interest rates: Rosenberg Research
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Dylan Smith, vice-president and senior economist at Rosenberg Research, talks with Financial Post’s Larysa Harapyn about why the Bank of Canada should start cutting interest rates.
He says Canada could avoid a technical recession if the central bank starts providing some relief fast enough, but sees a “very negative outlook” if it stays tight for too long.
. Read more on financialpost.comAbout this in other media
Canadian banks say borrowers showing strain of higher for longer interest rates financialpost.com /5 months ago
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