Investment Executive on Nostr: nostr:note1f8vt9rjs8h0xlpleh9tadca58mlplmk4ezjty4hepfhwzw70wp5q6lmheq

quoting note1f8v…mheq

Bank of Canada Governor Tiff Macklem Highlights Impact of Higher Interest Rates on Canadian Economy
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#1b1d36c9 ver:0.42

Bank of Canada Governor Tiff Macklem highlights impact of higher interest rates on Canadian economy, with divergence from the US and potential downward pressure on the Canadian dollar. TD's chief economist predicts rate cuts in June or July due to concerns about the US economy and inflation risks. Economists debate the maximum spread between policy rates of the two countries. Macklem emphasizes that central banks will make decisions tailored to their own economies. RBC economists argue for more urgency in rate cuts due to weaker Canadian economy. Market sentiment suggests slow decline in Canadian interest rates. Bank of Canada expected to begin lowering rates in June or July....

#newstr #BankOfCanada #InterestRates #TiffMacklem #UsFederalReserve

https://here.news/story/1b1d36c9?ver=0.42