Bank of Canada indicating economy will need continued support: Market strategist

Bank of Canada indicating economy will need continued support: Market strategist

July 16, 2020

The Bank of Canada is keeping its key interest rate unchanged at 0.25 per cent. and says that the economy will take two years to fully recover. Karl Schamotta, chief market strategist at Cambridge Global Payments joins BNN Bloomberg to react to the BoC’s latest rate decision and commentary.

Watch the video here.

For further information, please contact Cambridge Global Payments

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