Interest rates could go even higher than 2.50%

WisdomTree’s Jeff Weniger believes a prognosis of rates upwards of 2.75% in the short end of the Canadian yield curve isn’t outlandish

Ruth Saldanha 22 November, 2018 | 6:00PM

 

 

Ruth Saldanha: Last week the Bank of Canada hiked rates by a 0.25%. The first of what is likely to be a series expected to take us up to almost 2.5% by this time next year if Bay Street expectations are correct. But is there a possibility that we could go even higher and what are the macros that we should watch for. With me to discuss this is WisdomTree Asset Allocation Strategist, Jeff Weniger. Jeff, thanks so much for being with us today.

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Ruth Saldanha  Ruth Saldanha is Senior Editor at Morningstar.ca