Goldman says Canada to skip now, add final rate hike in October
Goldman says Canada to skip now, add final rate hike in October
The Bank of Canada will make its final rate increase in October after a pause next week, says Goldman Sachs Group Inc.
The Bank of Canada will make its final rate increase in October after a pause next week, says Goldman Sachs Group Inc.
Why is Goldman Sachs announcing this instead of Tiff Macklem??
Jayzuz.
16 0 ReplyFor all the Americans that own investment property in Canada ๐
4 0 Reply
There's been an awful lot of final rate hikes
16 0 ReplyThe Final Last Rate hike - Goodbye Forever Final Live Tour, "We're really retiring after this one" ultimate final tour
7 0 Reply
Why the fuck another hike? The country's economy had a net regression for the first time in years. Houses, food and rents prices are unhinged. Another hike won't do anything to help this.
12 6 ReplyHouses, food and rents prices are unhinged.
Higher interest rates lower inflation. That is why the BOC has been rising them
The countryโs economy had a net regression for the first time in years
The main goal of central banks is keeping inflation around 2% per year, even if that causes a recession.
17 1 ReplyHigher interest rates lower inflation. That is why the BOC has been rising them
Unless it is specifically interest payments that are causing inflation to rise...
6 0 ReplyInterest rates don't unilaterally fix inflation though, which the BoC is either too stupid to admit or too reckless to care.
Raising interest rates won't fix inflation driven by gas prices.
5 2 Reply