by Marc Chandler
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I had the privilege today to appear on Canada's Business News Network. It is a great source for information on the Canadian economy and markets. I was interviewed by Michael Hainsworth.
We discuss the Bank of Canada's decision not to cut rates today, which seemed highly discounted in the interest rate and derivatives markets. The market seems to have simply pushed the rate cut expectation out to the spring, by which time the Liberal government is expected to present its budget.
Here is the link to the video.
He has been covering the global capital markets in one fashion or another for more than 30 years, working at economic consulting firms and global investment banks. After 14 years as the global head of currency strategy for Brown Brothers Harriman, Chandler joined Bannockburn Global Forex, as a managing partner and chief markets strategist as of October 1, 2018.
Tags: Bank of Canada,Cool Video
