The 10-Minute Take

Why aren’t rising rates cooling Canadian spending?


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The most aggressive monetary tightening cycle since the 1990s has sent interest rates soaring. Yet Canadians keep on spending. Why and will they keep it up? In this week’s episode of the 10-Minute Take, RBC Economists Claire Fan and Carrie Freestone explain why spending will slow but won’t outright decline.
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The 10-Minute TakeBy The 10-Minute Take

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