Economic Indicators: Danielle Park

Danielle Park: TORONTO The Bank of Canadas latest rate announcement, along with a number of other key economic indicators, will be front and centre this week for the Toronto and U.S. markets, according to The Chronicle Herald. I think hes going to acknowledge that the Canadian data continues to disappoint. I think hes going to want to sort of back out of expectations that they may be hiking in the not too distance future, Park said and Bank governor Mark Carney is widely expected to keep the central banks trend-setting rate at one per cent, but Danielle Park, president and portfolio manager with Venable Park Investment Counsel, said investors will look for hints on when a rate cut or hike may come. (www.immigrantscanada.com). As reported in the news.