Free Trial
JGB TECHS

(H3) Fades Into Friday Close

KRW

Strong Jan CPI Print, Retail Sales On Tap

FOREX

USD On The Defensive As Asia Comes Online

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI PODCAST: FedSpeak - BOC In One-And-Done Zone: Chamber

(MNI) OTTAWA

Chief economist Stephen Tapp says inflation progress has been too slow to pause now.

EXECUTIVE SUMMARY
  • Canadian Chamber of Commerce chief economist and former BOC, finance department staffer Stephen Tapp says going much further is risky with the economy headed for a big slowdown or mild recession.
  • Politicization of the central bank is an unwelcome issue for the Bank.
  • Interest-rate cut late this year can't be ruled out after so many economic surprises.
Listen to the podcast here

.

69 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
EXECUTIVE SUMMARY
  • Canadian Chamber of Commerce chief economist and former BOC, finance department staffer Stephen Tapp says going much further is risky with the economy headed for a big slowdown or mild recession.
  • Politicization of the central bank is an unwelcome issue for the Bank.
  • Interest-rate cut late this year can't be ruled out after so many economic surprises.
Listen to the podcast here

.