Hold, Cut or Hike? What economists would say to Bank of Canada’s Governor
By: Gordon Isfeld, Financial Post, July 03 2015
Enough with the suspense. Let’s just get this month’s upcoming interest rate decision out of the way now.
With an economy flirting with another recession six years after the previous one, Canadians can’t help but wonder what the next move will be.
We could ask the Bank of Canada whether its policymakers are going to hold, cut or hike rates. But they won’t tell us. They’re not allowed.
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