MNI PODCAST: FedSpeak - BOC Patience After Avoiding New Tariff
Apr-07 11:38By: Greg Quinn
Canada+ 1
EXECUTIVE SUMMARY
- Sebastien Mc Mahon, a former staffer at Quebec’s finance ministry and the provincial markets regulator, says the central bank can be patient after Donald Trump left Canada off the list of new global tariffs.
- U.S. more likely faces a recession now according to Mc Mahon, now chief strategist at Industrial Alliance Global Asset Management in Quebec City.
- He sees the Bank of Canada holding in April and cutting at every second meeting for the rest of this year.
