- Inflation will fade into the background as it settles at 2%.
- This will allow Canadian consumers and businesses to spend and invest with confidence.
- If the economy evolves broadly in line with out forecast, it’s reasonable to expect further rate cuts.
- We will take decisions one at a time.
- If the Bank hadn’t raised rates, long-term inflation expectations may not have remained stable.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
