November 22, 2024 14:51 GMT
MNI PODCAST: FedSpeak- BOC Set For Another Jumbo Cut - Devlin
MNI (OTTAWA)
EXECUTIVE SUMMARY
- Investor Ed Devlin says Canada's weak economy needs a quick end to tight monetary policy.
- Weaker Canadian dollar is no deterrent to central bank officials, he tells MNI's FedSpeak podcast.
- Central banks globally could be pushed back to lower-bound rates if policy is tight for too long and economies enter a hard landing.
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