Advertisement
Canada markets close in 4 hours 6 minutes
  • S&P/TSX

    23,716.91
    +14.84 (+0.06%)
     
  • S&P 500

    5,653.83
    +20.74 (+0.37%)
     
  • DOW

    41,726.94
    +104.86 (+0.25%)
     
  • CAD/USD

    0.7354
    -0.0008 (-0.11%)
     
  • CRUDE OIL

    71.34
    +1.25 (+1.78%)
     
  • Bitcoin CAD

    83,044.26
    +4,295.60 (+5.45%)
     
  • XRP CAD

    0.80
    +0.03 (+3.69%)
     
  • GOLD FUTURES

    2,592.90
    -16.00 (-0.61%)
     
  • RUSSELL 2000

    2,228.34
    +39.17 (+1.79%)
     
  • 10-Yr Bond

    3.6460
    +0.0250 (+0.69%)
     
  • NASDAQ

    17,717.33
    +125.20 (+0.71%)
     
  • VOLATILITY

    17.03
    -0.11 (-0.64%)
     
  • FTSE

    8,309.86
    +31.42 (+0.38%)
     
  • NIKKEI 225

    36,203.22
    -378.54 (-1.03%)
     
  • CAD/EUR

    0.6612
    +0.0002 (+0.03%)
     

Bank of Canada on 'straightline path' toward two more cuts: Scotiabank's Holt

macklem-rogers-gs0910
Governor of the Bank of Canada Tiff Macklem and senior deputy governor Carolyn Rogers arrive for a news conference on the bank's interest rate announcement, in Ottawa, on Wednesday, Sept. 4, 2024. (Credit: Justin Tang)

Derek Holt, vice-president and head of Capital Markets Economics at Bank of Nova Scotia, talks with Financial Post’s Larysa Harapyn about why he doesn’t expect the Bank of Canada to be “bumped off that course,” though a “bigger question mark” hangs over interest rates for next year.

Bookmark our website and support our journalism: Don’t miss the business news you need to know — add financialpost.com to your bookmarks and sign up for our newsletters here.