The price of gold has been on a steady climb for several weeks. But those gains could be tempered by expectations the U.S. Fed may continue hiking rates to tackle inflation. Greg Bonnell speaks with Hussein Allidina, Head of Commodities at TD Asset Management, about the outlook for gold.
At its latest monetary policy meeting the Bank of Canada signaled progress is being made to cool inflation, but that the job isn’t done yet. Andrew Kelvin, Chief Canada Strategist with TD Securities, says the real challenge isn’t just lowering inflation but actually getting it back to 2%.
The Bank of Canada keeps its key policy rate unchanged at 4.5%, as the central bank continues to monitor the impact of its previous rate hikes on the economy. Anthony Okolie speaks with Andrew Hencic, Senior Economist, TD, about the implications for inflation and economic growth.
Recent data suggests the U.S. jobs market may be softening, which could have big implications for the Fed, inflation and the economy. But Peter Hodson, Head of Research at 5i Research, says some investors may be focusing too much on slowdowns and not enough on corporate balance sheets.
