Bank of Canada expected to deliver eighth consecutive rate hike

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Economists don\u0027t believe the Bank of Canada is ready to hit the brakes on its interest rate\u002Dhiking cycle just yet.

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After raising rates again in December, the Bank of Canada signalled it was open to pressing pause on its aggressive rate-hiking cycle, depending on upcoming economic data releases.Article content For months, market-watchers have been trying to guess when the central bank would be ready to stop raising rates, with some expressing optimism that December’s rate hike would be the last. However, this time, most forecasters seem to agree on a January hike, saying an increase next week would be the last increase of the cycle.

 

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BoC expected to deliver eighth consecutive rate hike, but it's probably the last one - BNN BloombergEconomists don't believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the economy is softening. Most people in Canada don't believe in anything getting better anytime soon. We will keep getting screwed by bankofcanada day in day out as greed has no limits, but hey keep funding Ukraine. That end is going quite well.
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BoC expected to deliver eighth consecutive rate hike, but it's probably the last oneEconomists don't believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the economy is softening. Crooks 😂🤣😂🤣CTV is a Government Shill an has no credibility! We know this is not true, inflation target at 2% and we are north of 6%, food inflation at 11.8%, we will be forced to match US fed as our dollar crashes further But you go collect your check from Katie Telford. Defund CTV
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