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Monthly Macro & Strategy | Separate ways

May 8, 2024

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.

 

Your Monthly Macro & Strategy is also on the iA Global Asset Management website.

 

 Your experts

 

Sébastien Mc Mahon, MA, PRM, CFA
Chief Strategist, Senior Economist and Vice-President, Asset Allocation & Portfolio Manager

Follow Sébastien Mc Mahon on   

 

 

 

Alex Bellefleur, MA, CFA
Senior Vice-President, Head of Research, Asset Allocation

 

 

Tuyen Tran, M.Sc., CFA
Senior Analyst, Asset Allocation and Economics

 

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Topic : Economic news

Written by iAGAM

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