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MNI PODCAST: FedSpeak-BOC To Be Careful To Avoid U-Turn-Stillo

EXECUTIVE SUMMARY
  • Former forecasting manager at Ontario finance ministry and Canada Director at Oxford Economics Tony Stillo says moving too early would bring unwelcome risk around wage and housing inflation.
  • Stillo says a mild recession this year will pull down inflation enough to allow rate cuts to begin in June.
  • Borrowing costs will fall slowly and remain well above neutral this year.

Listen to the podcast here.

MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com

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