Canada’s Trudeau says he’s optimistic the Bank of Canada will cut rates this year

That’s hardly a controversial comment from Trudeau with 77 bps of cuts priced in this year. That’s up from about 69 bps before today’s soft Canadian CPI report.

Trudeau needs all the good news he can get as his party is on track for a wipeout in next year’s election.

This article was written by Adam Button at Source