more to come
Bank of Canada Governor Macklem’s opening remarks to the Senate banking committee, he is setting up for a rate cut:
-
Says looking ahead, we expect core inflation to continue to ease
gradually - Data since January
have increased our confidence that inflation will continue to come
down gradually - We are getting
closer to being able to cut rates
This article was written by Eamonn Sheridan at www.forexlive.com. Source