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For Those About to Hike - We Salute You

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Coast Capri Hotel 1171 Harvey Ave Kelowna, BC V1Y 6E8 Canada

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Doug Porter, Chief Economist & Managing Director, BMO

Many cross-currents continue to buffet the global outlook, but monetary policy around much of the world is finally poised to normalize. The U.S. Federal Reserve is setting the stage for its first rate hike since 2006, while the Bank of England is also preparing to raise rates. Meantime, there are the struggles faced by Europe and Japan, and China’s longer-term reforms. In Canada, the central bank is expected to raise rates late next year as still-high household debt levels and the housing market remain on the watch-list. Douglas Porter will address these and other issues, and discuss their impact on the North American economic outlook.

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