Dec 6, 2018
MoneyTalk: Capital markets sell off and Bank of Canada keeps rates on hold
Volatility returned to capital markets this week after a trade truce was announced between the United States and China at the G20 Summit in Buenos Aires, Argentina. Is this just short term gyration, or part of a longer downward trend for markets?
To learn more, MoneyTalk's Kim Parlee spoke with Michael Craig, Senior Portfolio Manager, TD Asset Management.
Bank of Canada
On Wednesday, the Bank of Canada announced its decision to hold its key monetary policy interest rate steady at 1.75%. However, a statement from the Bank of Canada indicated that the policy rate may still need to rise to a neutral range.
In this segment from MoneyTalk, Kim Parlee talks with James Marple, Senior Economist, TD Bank Group, about the Bank of Canada's decision.