TSX:AX.PR.E - Post by User
Post by
Torontojayon Jul 23, 2024 11:14am
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Post# 36144297
Canada will be cutting into a recession
Canada will be cutting into a recession As always, Central banks are data dependent and follow what the bond market is telling them. The next stage is disinflation, more job losses and hindsight that will tell us a year from now that we were fighting a recession in 2024 and 2025.
I expect a lot more rate cuts from the Bank of Canada.