The Bank of Canada is inching closer toward rate cuts: senior economist [Video]

The Bank of Canada is unsure on the timing of it’s rate cuts, but the BOC is inching closer, says James Marple, Managing Director and Senior Economist with TD Bank Group. The BOC’s minutes from its March 6th meeting suggests there was consensus that “if the economy evolves in line with the Bank’s projection, the conditions for rate cuts should materialize over the course of this year”, Marple points out.

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