Rates are cooling economy, but higher immigration flows are an inflationary impulse: PIMCO economist

As investors digest economic news, Tiffany Wilding, managing director and economist at PIMCO, joins BNN Bloomberg for her take on North American economy. She says there could be divergence between Canada and U.S.'s central banks given the Canadian economy shows signs of stagnation, while U.S. remains resilient. She expect both central banks to start cutting rates by mid-year. Subscribe to BNN Bloomberg to watch more videos: https://www.youtube.com/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: https://www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: https://www.bnnbloomberg.ca/video BNN Bloomberg on Facebook: https://www.facebook.com/BNNBloomberg BNN Bloomberg on Twitter: https://twitter.com/bnnbloomberg BNN Bloomberg on Instagram: https://www.instagram.com/bnnbloomberg BNN Bloomberg on LinkedIn: https://www.linkedin.com/company/bnn-bloomberg -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.