Bank of Canada rate cuts needed to keep recession at bay: Desjardins
Watch Royce Mendes on the central bank's latest rate cut and where interest rates go from here
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.
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