
The Canadian Conundrum
BMO Views from the North
00:00
Insights on an Interview and Central Bank Decision-Making
The chapter discusses an interview with someone referred to as Mackleam on CBC radio, where Mackleam predicts inflation and suggests the possibility of easing monetary policy earlier than anticipated. The speaker also discusses the bank's caution in keeping rates higher to avoid making the mistake of easing prematurely and the potential implications for the housing market and inflation.
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