FLCA - Canadian Stars Begin To Align For Policy Easing?
2024-02-20 23:45:00 ET
Summary
- Although policy rates have been on hold since August 2023 in Canada, the Bank of Canada has continued to implement its Quantitative Tightening programme.
- Evidence that the BoC is in a more favourable position to consider easing policy than most G7 central banks may be found in Canadian core inflation being lower than headline inflation.
- Canadian GDP contracted by 1.1% in Q3, due to weakening consumer spending, investment, de-stocking and slower employment growth.
By Sandrine Soubeyran, Director, Global Investment Research, FTSE Russell & Robin Marshall, Director, Global Investment Research, FTSE Russell ...
Canadian Stars Begin To Align For Policy Easing?