Could there be another interest rate cut by the BoC?

A report from Capital Economics suggests that there will be more government intervention to support Canada’s economy. Economist David Madani says that jobs growth has stagnated in the ‘prime’ demographic which tends to earn more; that has a wider impact he notes. Cooling inflation is one of those impacts, which may require a further cut in interest rates from the Bank of Canada. Madani forecasts that the rate cut will be in April 2016.
 

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