The Loonie Hour Podcast
Will The Bank of Canada Get Interest Rates To 3% This Year
June 3rd, 2022
The Bank of Canada raised interest rates another 50bps this week. They remain very hawkish and suggest that interest rates may need to go north of 3% in order to get inflation down. Meanwhile, housing in Canada continues to slow. Financial repression continues in Europe and debt forgiveness in the United States.
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