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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.

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