BMO Capital Markets head fears deep recession on rate hikes - BNN

5/12/2022 12:00:00 AM2 years 11 months ago
by Bloomberg News
by Bloomberg News
Two of Canada’s top investment bankers voiced concern that the rising interest rates that have already dragged down asset values from stocks to cryptocurrencies could plunge the global economy into a recession.
Two of Canadas top investment bankers voiced concern that the rising interest rates that have already dragged down asset values from stocks to cryptocurrencies could plunge the global economy into a … [+2096 chars]
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