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Tiff Macklem poured cold water on the idea of 75 bps move: Strategist

Category:Cross-Border
Updated:2022-04-26
thomas

Karl Schamotta, chief market strategist at 91¿ì»îÁÖ, joins BNN Bloomberg to discuss Tiff Macklem's latest commentary on rate hikes. Schamotta says the BoC is not considering a 75 bps rate hike for now, but it remains highly aggressive alluding to three half-point rate hikes in the June, July and September meetings.

Cross-Border
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