Bank of America doesn't' expect Canada's dollar to weaken wi...
Bank of America doesn't' expect Canada's dollar to weaken with this weeks probable rate cut. Thinks a weaker currency will bolster growth but thinks it's a next year story. Thinks Canada economy is disintegrating and inflation is slowing down. Expects 3.75 by YE 2024, 3% YE 2025. $The Toronto-Dominion Bank (TD.CA)$ $Bank of Nova Scotia (BNS.CA)$ $Bank of Montreal (BMO.CA)$
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