BoC could cut rates up to 4 times in 2024 and keep going into 2025: Royce Mendes

From youtube.com/bnnbloomberg

Royce Mendes, managing director and head of macro strategy at Desjardins, joins to discuss the health of the Canadian consumer as retailers post cautious outlooks. Mendes says higher interest rates do a lot more to slow down spending in Canada than in other countries. Mendes also discusses the housing market and his top economic concerns.