TD Securities expects Bank of Canada to cut rates another 50 basis points this year
ANDREW KELVIN, head of Canadian and global rates strategy at TD Securities, says the Bank of Canada's rate cut was widely expected. Initial impressions are more dovish than expected. The Bank of Canada linked further monetary easing to the inflation outlook. It is expected to cut rates by another 50 basis points this year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The depreciation of the US dollar breaks traditional shackles! Emerging market currencies break free from US debt constraints, witnessing the largest divergence in four years
There is currently the largest divergence in four years between US Treasuries and emerging market currencies, mainly because the rise in US Treasury yields is no longer boosting the US dollar as it did in the past.
JPMorgan drops below 5% voting rights stake in Exail Technologies
Goldman Sachs International cuts Alstom stake below 5% to 4.93%
Dimensional Fund Advisors cuts Viridien stake below 5% threshold to 4.999%
Crypto prices
More
