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Inflation Paves Way for More Canada Rate Hikes

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Inflation Paves Way for More Canada Rate Hikes

Canadian government bond yields spiked and the loonie strengthened for a fourth day, as today’s economic data paves the way for another Bank of Canada interest rate hike this year. RBC’s Deputy Chief Economist Dawn Desjardins joins Bloomberg TV Canada’s Lily Jamali to discuss her outlook. 

WATCH THE VIDEO: https://www.bloomberg.com/news/videos/2017-07-21/inflation-paves-way-for-more-canada-rate-hikes-video