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BOC Governor Macklem stated that there is no necessity to delay interest rate cuts until inflation returns to 2%, but it is crucial to wait until there is a clear indication that we are progressing toward achieving that 2% target.
Thanks Tom. Tiff is on the case. They will fix everything this time. Just trust them.
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I am a strong believer!
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Maybe this will spur a Loonie carry trade!
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You would have to be a loony not to dump the loonie. It's ok though because Trudeau said he "has always been fiscally responsible" and if supreme leader Trudeau says it, it must be accurate.
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Would be short-lived
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