The Loonie Hour Podcast

Central Banks Have Not Yet Won The Fight on Inflation

February 17th, 2023

National home prices in Canada continue to slide, falling 12% on a yearly basis which is the deepest slide on record. Signs of sticky inflation persist, suggesting that Bank of Canada might still have more work to do on interest rates. The wealth gap could explode higher in the next recession. Could interest income from high interest rates actually be easing financial conditions?

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