MNI PODCAST: FedSpeak - BOC Seen On Hold For Rest Of Year
Apr-24 17:13By: Greg Quinn
Bank of Canada+ 1
EXECUTIVE SUMMARY
- Former Ontario forecasting manager Tony Stillo tells MNI's Fedspeak podcast inflation risks are too great to resume cutting.
- Tariffs will provide a rapid boost to prices, while a recession will be half as intense as the historical norm.
- Fiscal policy and moves to improve domestic trade will also provide an offset to the slowdown, says Stillo of Oxford Economics.
- Listen to the podcast here.