Interest rate hikes will take time to work their way through the economy, the central bank\u0027s senior deputy governor says. Read more.
before Calgary Economic Development, Rogers said the policy rate decisions the central bank is making right now could take up to two years to have their full effect on inflation.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails.
The housing sector has been a prime example, Rogers noted, as rising mortgage costs have taken demand out of housing markets across the country.raise the policy rate In her economic progress report update, Rogers noted that while the consumer price index eased below the eight per cent mark to
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