Forex
globalreutersNovember 26, 20241 Mins read
BoC’s Mendes: Inflation will fade into the background as it settles at 2%
globalreutersNovember 26, 20241 Mins read - Inflation will fade into the background as it settles at 2%.
- This will allow Canadian consumers and businesses to spend and invest with confidence.
- If the economy evolves broadly in line with out forecast, it’s reasonable to expect further rate cuts.
- We will take decisions one at a time.
- If the Bank hadn’t raised rates, long-term inflation expectations may not have remained stable.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
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