Kevin Carmichael: There's a good case for pausing rates now, but it's probably not enough for the central bank.
Kevin Carmichael: There's a good case for pausing rates now, but it's probably not enough for the central bank
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Bank of Canada expected to deliver final quarter-point rate hike, then pauseUnemployment remains near a record low and consumer spending is holding up relatively well in the face of higher prices and rising borrowing costs Because inflation is caused by forces outside of Canada, the BoC raises interest rates 🙄. Let’s be clear, our current economic woes are a result of Liberal mismanagement; 💯. What a mistake. Making us poorer by deepening existing debt while increasing bank profit margins won't stem external supply issues & corporate greedflation. Time to change Governor for one who understands the market & doesn't bankrupt us (& his own bank)! Food prices are still like crazy.
Source: globeandmail - 🏆 5. / 92 Read more »
Rate hikes or none, investors needn’t sweat the Bank of CanadaShift your focus to the robust quantity of actual lending, falling input prices and lower inflation expectations
Source: globeandmail - 🏆 5. / 92 Read more »
This will be a pivotal week in the Bank of Canada's inflation fight — What you need to knowThe safe bet is the Bank of Canada will raise interest rates another quarter\u002Dpoint increase in its inflation fight. Read more
Source: VancouverSun - 🏆 49. / 61 Read more »