Macklem speech: Premature to discuss a rate cut
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for FREE REGISTER to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level1)]
Tiff Macklem, Governor of the Bank of Canada (BoC), explains the BoC decision to leave the interest rate unchanged at 5% after the January policy meeting and responds to questions from the press.
“Focus was very much on holding rates steady.”
“It’s premature to discuss a rate cut.”
“We need to see more progress before we discuss a possible rate cut.”
“As regards the future of quantitative tightening, we’ll take it one decision at a time.”
“Certainly not there yet when it comes to ending QT.”
“We’re not forecasting a deep recession, we don’t think we need one to get inflation back to target.”
[/s2If]
Nehcap Trading Strategies
The NEHCAP currently runs the following trading systems for clients. They can be bought and run on your funds.
The system is trading live: LIVE ACCOUNT TRACKING
Contact Us: Contact
The HFT_FIX can be run free for 2 weeks on any broker with a ECN. Apply for a free trial
Join Our Telegram Group
