Where Will BofC Go Next on Rates? What to Watch
Today we saw no change in interest rates. Even though there’s been a lot of talk on when US interest rates will rise, in Canada, our most recent move was a rate cut in January. So what’s next for Canadian interest rates? We look at what key US data to watch and why the next Bank of Canada outlook in July is important. David Tulk, Chief Canada Macro Strategist, TD Securities.