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How does hiking interest rates fight inflation when the the rising cost of money is inflation?
They have done enough damage. Mass layoffs are ensuing in the US and Canada and Globally this winter.
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Why the Bank of Canada should hike interest rates this weekJob and inflation numbers indicate a soft landing is within reach but policymakers should resist the temptation to relax restraint. Read on. Want to stop inflation? Then the government needs to stop hemorrhaging money! It's a no brainer! Want to stop inflation? Then the government needs to stop hemorrhaging money! It's a no brainer! Watch your step Tiff. Follow the guide, please.
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