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Rates will go up and stay that way for quite some time before cuts: BMO's AdatiaSadiq Adatia, CIO at BMO Global Asset Management, joins BNN Bloomberg for his preview on the upcoming BoC announcement. Adatia says higher rates will stay for longer. He says resilient economy and strong jobs will be a reason for it. Furthermore, he does not expect recession to occur before 2024.
Source: CTVNews - 🏆 1. / 99 Read more »
BoC expected to raise rates again this week, vying to quash inflation fasterThe Bank of Canada is expected to raise interest rates again this week as forecasters say the economy has not softened enough for the central bank to back off.
Source: CP24 - 🏆 30. / 67 Read more »
Bank of Canada expected to raise rates again this week, vying to quash inflation fasterThe Bank of Canada is expected to raise interest rates again as forecasters say the economy has not softened enough for it to back off.
Source: calgarysun - 🏆 63. / 52 Read more »
BoC expected to raise rates again this week, vying to quash inflation fasterOTTAWA — The Bank of Canada is expected to raise interest rates again this week as forecasters say the economy has not softened enough for the central bank to…
Source: calgaryherald - 🏆 64. / 52 Read more »