Chief North America Economist Paul Ashworth and Stephen Brown, who leads our Canada economic coverage, held this post-BoC July meeting briefing. During this 20-minute session, Paul and Stephen will be highlighted key takeaways from the Bank’s latest decision and messaging as they discussed the outlook for the Canadian economy and policy.
They answered client questions and addressed key issues, including:
- Whether shifting inflation dynamics justify at least a pause in rate hikes;
- Why, even if recession is avoided, Canadian growth is set to disappoint;
- Whether a housing market rebound argues for rates to rise further.
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