Centurion’s Carl Gomez says BoC rate hike timing stays cautious
Carl Gomez, chief economist at Centurion Asset Management, says the bar for another Bank of Canada rate cut remains high despite recent escalation in US-Canada trade tensions.
Story updates
12:42:03 PM UTC
SquawkNews
The Bank of Canada's rate-policy decision and statement Wednesday might have a dovish tone due to crossborder trade tensions, says TD Securities economist Robert Both. "The BOC has been vocal about trade tensions and tariffs as a downside risk to its outlook," Both tells WSJ. New US tariffs of 50…
The bar for another rate cut from the Bank of Canada remains high despite the recent escalation in US-Canada trade tensions, says Carl Gomez, chief economist at Centurion Asset Management in Toronto.
He tells WSJ that, notwithstanding crossborder trade concerns, financial markets remain focused on…