To say that global monetary policies have been coordinated since 2020 is an understatement. Looking toward the remainder of the year, we see that this coordinated behaviour is about to end.
Highlights:
- The synchronization of monetary policies in developing countries is coming to an end.
- As the Bank of Canada is poised to launch a cycle of rate cuts, the Federal Reserve is forced to delay its own.
- The Canadian dollar could dip below 70 cents by the end of the year, therefore supporting returns on foreign investments held by Canadian investors.
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Your experts
Sébastien Mc Mahon, MA, PRM, CFA
Alex Bellefleur, MA, CFA
Tuyen Tran, M.Sc., CFA |
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