Tiff Macklem poured cold water on the idea of 75 bps move: Strategist

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss Tiff Macklem's latest commentary on rate hikes. Schamotta says the BoC is not considering a 75 bps rate hike for now, but it remains highly aggressive alluding to three half-point rate hikes in the June, July and September meetings. Watch the video here.