Poloz Should Be on Guard With Fed Set to Raise, Scotiabank Says

  • Chief Economist Perrault sees Fed resuming in September
  • Bank of Canada should be thinking about rate rise next year

The U.S. Federal Reserve will raise interest rates as many as six times over the next 18 months and the Bank of Canada should be getting ready with increases of its own, Bank of Nova Scotia Chief Economist Jean-Francois Perrault said.

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