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Canadian Government Faces Surging Interest Payments
Another hot inflation print out of the US will keep the Fed from pivoting. Rates are moving higher and we should see 6% mortgage rates in Canada come November. How will the economy digest this? Interest expenses are surging not just at the household level but at the sovereign level. This is where the risks are today.
See omnystudio.com/listener for privacy information.
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By Steve Saretsky
5
77 ratings
Another hot inflation print out of the US will keep the Fed from pivoting. Rates are moving higher and we should see 6% mortgage rates in Canada come November. How will the economy digest this? Interest expenses are surging not just at the household level but at the sovereign level. This is where the risks are today.
See omnystudio.com/listener for privacy information.
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