Bank of Canada could slash rate below 2% if 'madness continues:' Benjamin Tal
Watch: 'We are toying with a recession,' says deputy chief economist of CIBC World Markets
Benjamin Tal, deputy chief economist of CIBC World Markets, talks with Financial Post’s Larysa Harapyn about how the Bank of Canada could slash the benchmark rate below two per cent this year if trade uncertainty continues. “If you look at interest rates over the next few months, because of the uncertainty and the slowing economy, we are toying with a recession,” he says. “The Bank of Canada will be cutting.”
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• Email: lharapyn@postmedia.com
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