this post was submitted on 03 May 2024
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A veteran Bay Street economist says the Canadian economy has slowed more than enough to justify an interest rate cut by the Bank of Canada, and that underlying inflation may be lower than the central bank thinks.

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[–] undercrust@lemmy.ca 16 points 6 months ago

David Rosenberg preaching doom? Well we should definitely listen, because he's accurately predicted 912 of the last 3 recessions.

This dude is the ultimate broken record.