Bank of Canada risks recession if it waits to cut interest rates: Rosenberg Research
Watch Dylan Smith on why the central bank should start cutting rates
Dylan Smith, vice-president and senior economist at Rosenberg Research, talks with Financial Post’s Larysa Harapyn about why the Bank of Canada should start cutting interest rates. He says Canada could avoid a technical recession if the central bank starts providing some relief fast enough, but sees “a very negative outlook” if it stays tight for too long.
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