Dustin Reid on fallout from recent bank failures and the Fed’s response
The Invested
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The Bank of Canada's Latest View on the Fed's Rate Hike
The recent events in Europe and the US have shifted yield curves everywhere including Canada. We were worried about maybe the bank having to come back and hike in April after taking a pause in March. That clearly looks a lot less likely now. I think that as long as there's no more financial wobbles or banking system wobbles in domestically in the US or big ones globally, the bank's on hold through at least the summer"
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