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BoC could deliver surprise cut - Data shows more than 3 possible cuts in 2024: Strategist
Philip Petursson, chief investment strategist at IG Wealth Management, joins BNN Bloomberg for his rate cut expectations in Canada and the U.S. He says the Fed could deliver 3 cuts and that is it. He adds there might not be need for Fed cuts in 2025. But when it comes to Canada, he says the story is quite different.