May 15, 2024 18:34 GMT
MNI PODCAST: FedSpeak- BOC Can Go Far Once Cuts Begin- Devlin
(MNI) OTTAWA
Investor Ed Devlin says recent data makes cutting trickier but it will be needed as the economy weakens.
EXECUTIVE SUMMARY
- Investor Ed Devlin says recent data makes cutting in June trickier but relief will be needed as the economy weakens.
- Moving fast makes it more likely the Bank of Canada ends up saving some firepower for the future, he says.
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