In-line inflation pushes next rate hike to early 2019: Market strategist

In-line inflation pushes next rate hike to early 2019: Market strategist

November 23, 2018

Karl Schamotta, chief market strategist at Cambridge Global Payments, provides breaking analysis of the latest Canadian retail sales and inflation data for the month of September. Schamotta says stronger-than-expected retail sales reveals more resilient consumer demand, while the inflation data matching expectations suggests the Bank of Canada won’t hike interest rates until early next year. Watch the full video on BNN Bloomberg here: https://bit.ly/2zlmdRG

For further information, please contact Cambridge Global Payments

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