Ed’s thoughts on BoC’s latest rate hike

The Bank of Canada surprised Ed (and the market) this morning by deciding to hike rates by 25 basis points. Given the uncertainty of recent economic data, this is a riskier strategy than a hawkish statement today followed by a rate hike at next month’s meeting (which...

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Ed discusses the implications of latest inflation data on BNN

Ed was on BNN this morning to share his thoughts on the recent CPI update. He stated that he does not think the small uptick in inflation has “moved the needle much”. Inflation seems to have peaked and is trending downwards. Given the lag between changing rates and...

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Ed talks interest rate predictions with BNN Bloomberg

Ed Devlin joined BNN for an interview this morning to discuss expectations around the Bank of Canada’s interest rate decision tomorrow. He said that the key thing to watch and see if the Bank of Canada gives any clues about how they would respond to the emergence of...

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Ed discusses the current market outlook in BNN interview

Ed was on BNN this morning to give his thoughts on current market conditions. He began by saying that the recent market rally was driven by an increase in available liquidity, but that this liquidity is now being taken away by central banks. Consequently, the markets...

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