‘Moving in the right direction’: BC economist shares insights into what BoC decisions could spell

Earlier this month, the Bank of Canada announced its first interest rate cut in four years – and more cuts could be on the horizon, according to a Vancouver-based economist.

Ryan Berling, vice president of intelligence and senior economist at rennie.com, recently sat down with NowMedia to share insights on various topics surrounding the rate cut.

Berling believes more rate cuts can be expected, including one in July, but more data on job rates and Canada's GDP is expected before the next announcement, which could impact the decision.

Watch the full video here:
https://www.kelownanow.com/news/news/National_News/Moving_in_the_right_direction_BC_economist_shares_insights_into_what_BoC_decisions_could_spell/

Видео ‘Moving in the right direction’: BC economist shares insights into what BoC decisions could spell канала KelownaNow