Breaking: BoC Holds Rates For Now, But Warns Trade Risks Taking A Toll

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Includes: BBCA, EWC, FCAN, FLCA, FXC, HEWC, QCAN
by: TD Wealth
Summary

The BoC was reluctant to signal future direction on interest rates.

What is the outlook for Canadian rates in 2019?

How likely is it that we'll enter a recession next year?

Where do you see the loonie going?

The Bank of Canada resisted pressure to cut rates for now, but warned Canadian growth is likely to slow in the second half of the year. Anthony Okolie talks with James Marple, Senior Economist, TD Bank Group.