Macquarie economist sees Bank of Canada rate at 3.5% by end-2027
Macquarie economist David Doyle now expects 1.25 percentage points of Bank of Canada rate increases, predicting the BOC benchmark rate to reach 3.5% by end-2027 after reviewing the policy decision and Gov. Tiff Macklem’s remarks.
Macquarie Group economist David Doyle is now penciling in 1.25 percentage points of rate increases from the Bank of Canada following a review of the central bank's policy decision and Gov.
Tiff Macklem's press-conference remarks.
Doyle predicts the BOC benchmark rate to reach 3.5% by the end of 202…