Loonie will be factor when deciding whether interest rates stay on hold: Bank of Canada
Category:Cross-Border
Updated:2023-03-10
Still, it’s unclear the Bank of Canada will have to follow the Fed. Karl Schamotta, chief market strategist at Toronto-based 91, said the passthrough of a lower Canadian dollar to higher costs hasn’t been as dramatic as people think over the past few decades.
Cross-Border
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