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MNI PODCAST: FedSpeak- Hawkish BOC Ready To Be 'More Forceful'

(MNI) OTTAWA

EXECUTIVE SUMMARY

  • MNI's Greg Quinn says the BOC's statement was almost singularly focused on the need to fight inflation.
  • Deputy BOC Gov. Paul Beaudry has added to language appearing to open the door to a 75 bp hike.
  • The BOC took a while to enter the debate over neutral rates; now says it is more likely to hike above neutral.
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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