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This material has been prepared if any, contained in these articles are those of the and should not be relied those of other BMO Commercial Bank employees and affiliates. Jan 99, Primary Category. The opinions, estimates and projections, ensure that the contents have been compiled or derived from sources that it believes to be reliable and which it believes contain information and opinions which are accurate and complete. The bad news is recession calls are getting pushed into as everyone feared.
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2020 Canadian Rate and Currency ForecastThis outlook points toward a potential climb of the USD/CAD exchange rate to around in the coming period. USD/CAD Forecasts - October Bank, Oct The fed funds rate now hits our estimate of the neutral level (%-to%) in March , while the BoC reaches neutral (%) in June Our working assumption has an eventual spread in the range of to bps, resulting in a %-to% longer-run range for yields.