Thursday 21 December 2023

Canada will have a flat to down economy next year: Chief Economist

BNN Bloomberg on Youtube has the story.

Beata Caranci, chief economist at TD Bank, joins BNN Bloomberg to share her perspective on Canada's economy following the release of Canada's November CPI. Inflation remained unchanged at an annual pace of 3.1%.  Caranci says the Bank of Canada is likely to cut rates in April of 2024, and predicts 150bp in cuts by the end of 2024.

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