The BANK OF CANADA is CONTROILED by the FED, The American and Canadian economies usually move in lock step, and generally so does policy. That’s changing, as the US continues to show robust growth despite higher rates, while Canada’s economy won’t budge.
https://betterdwelling.com/bank-of-canada-can-diverge-from-the-fed-but-we-doubt-it-bmo/
The BANK OF CANADA is CONTROILED by the FED, 🤑 🤪 😝 🤑 The American and Canadian economies usually move in lock step, and generally so does policy. That’s changing, as the US continues to show robust growth despite higher rates, while Canada’s economy won’t budge. https://betterdwelling.com/bank-of-canada-can-diverge-from-the-fed-but-we-doubt-it-bmo/
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Bank of Canada Can Diverge From The Fed, But We Doubt It: BMO - Better Dwelling
The American and Canadian economies usually move in lock step, and generally so does policy. That’s changing, as the US continues to show robust growth despite higher rates, while Canada’s economy won’t budge. As a result, many believe the Bank of Canada (BoC) may have to make what’s thought to be an unusual move—diverge from […]
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