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Look for easing from the BoC next year with a cut in January 2020 – TD Securities

Look for easing from the BoC next year with a cut in January 2020 – TD Securities | Forex Crunch

The tone of the BoC’s statement was more cautious than expected as the Bank put significant emphasis on weakness elsewhere in the global economy, explained analysts at TD Securities. “The MPR balanced mark-to-market upgrades for 2019 GDP and CPI with a more downbeat outlook for next year.