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.