BoC could cut rates in June. The Fed likely to cut in September or October: strategist

BoC could cut rates in June. The Fed likely to cut in September or October: strategist

Dennis Mitchell, CEO and chief investment officer at Starlight Capital, joins BNN Bloomberg to discuss his view on central banks’ path forward as investors digest Canada’s latest GDP. Mitchell expects the BoC to cut rates more aggressively than the Fed, which could lead to more weakness on the Canadian dollar.
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Credit to : BNN Bloomberg