By The Canadian Press With monetary policy at the Bank of Canada and U.S. Federal Reserve on track to diverge, experts say it could set the Canadian dollar up for volatility down the road. If the Bank of Canada’s rate falls too far below the Fed’s, it could negatively affect the loonie, said Allan Small, […]
Tag: Leading Economic Index (LEI)
The Conference Board Leading Economic Index is an American economic leading indicator intended to forecast future economic activity. It is calculated by The Conference Board, a non-governmental organization, which determines the value of the index from the values of ten key variables.