High for longer? Watch out for 'hawkish signal' from Bank of Canada next week: Capital Economics

Brown added: “We … think will add some guidance to its policy statement about the likelihood that interest rates will need to remain high for the rest of this year and potentially into 2024.”

at 4.5 per cent. If they’re right, it would be the smallest increase since March, when Macklem began what would become the most aggressive series of interest rate increases in the central bank’s history.Article contentEconomist David Rosenberg, who is widely read on Bay Street and Wall Street, told an audience ofon Jan. 19 that he thought central banks had already raised interest rates too high and that policymakers will be cutting rates sooner than most expect.

Brown is the first to suggest that Macklem could opt for forward guidance, a tool that central banks use to convince the public that they are serious about achieving certain outcomes.Article content

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

TSX Today | Inflation | Bank of Canada | BNN BloombergThere’s a lesson for anyone wanting expand their investments beyond a home to the wide world of real estate; real estate investment trusts (REITs) are the safer way to make money, Dale Jackson writes for
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Bank of Canada expected to deliver eighth consecutive rate hikeEconomists don\u0027t believe the Bank of Canada is ready to hit the brakes on its interest rate\u002Dhiking cycle just yet. What? Is it because Turdo is killing our economy and giving our tax payers money away like it’s water!?
Source: ottawasuncom - 🏆 4. / 92 Read more »