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Will The Bank of Canada Get Interest Rates To 3% This Year
The Bank of Canada raised interest rates another 50bps this week. They remain very hawkish and suggest that interest rates may need to go north of 3% in order to get inflation down. Meanwhile, housing in Canada continues to slow. Financial repression continues in Europe and debt forgiveness in the United States.
See omnystudio.com/listener for privacy information.
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By Steve Saretsky
5
77 ratings
The Bank of Canada raised interest rates another 50bps this week. They remain very hawkish and suggest that interest rates may need to go north of 3% in order to get inflation down. Meanwhile, housing in Canada continues to slow. Financial repression continues in Europe and debt forgiveness in the United States.
See omnystudio.com/listener for privacy information.
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