The Loonie Hour Podcast

Pressure Mounting for Bank of Canada to Raise Interest Rates Again

May 19th, 2023

Inflation surprised to the upside in April, forcing bond yields to surge higher and putting the Bank of Canada back in the hote seat. Meanwhile 75% of variable rate mortgages have hit thier trigger rate. The Federal Government made a colossal error in issuing debt at the short end of the curve.

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