BoC could cut rates up to 4 times in 2024 and keep going into 2025: Royce Mendes

BoC could cut rates up to 4 times in 2024 and keep going into 2025: Royce Mendes

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Publish Date:
May 11, 2024
Category:
Commercial Real Estate
Video License
Standard License
Imported From:
Youtube





Royce Mendes, managing director and head of macro strategy at Desjardins, joins BNN Bloomberg to discuss the health of the Canadian consumer as retailers post cautious outlooks. Mendes says higher interest rates do a lot more to slow down spending in Canada than in other countries. Mendes also discusses the housing market and his top economic concerns.

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