Two years after the Bank of Canada started raising its key interest rate, inflation, the housing market and the overall economy are vastly different. Here's what's next.
2 years in, has the Bank of Canada’s historic rate hike campaign done the job?
https://globalnews.ca/news/10329530/bank-of-canada-interest-rate-hike-anniversary/
3 Comments
sbv@sh.itjust.works · 5 pts · 2y
Inflation has fallen. So yes?
Housing is still too expensive, but that isn't part of their remit.
corsicanguppy@lemmy.ca · 5 pts · 2y
Cue the cons and their hillbilly followers spouting the next illogical "hair guy bad" assertion, just because we didn't follow the cons' plan that - like all their plans - doesn't exist
johnefrancis@lemmy.ca · 2 pts · 2y
it's a terrible system, paying the wealthy elevated interest on risk-free govt bonds to bribe them into not hiring people.