With inflation burning as hot as a \u0027four\u002Dalarm fire,\u0027 Canada\u0027s central banker is moving aggressively to tamp it out. But it leaves their
“Recession calls have become mainstream for the broader economy,” Porter wrote in a recent note to clients.of recession has to be a secondary consideration to theThis is the Bank of Canada’s fourth interest rate increase in five months, and Macklem has already signaled it’s not done yet.In fact, the major criticism from Canadian economists has been that the Bank of Canada waited too long to pull out the big guns compared to other central bankers.
The Reserve Bank of New Zealand announced its first interest rate hike in October of last year. And while the economy has started to show some signs of slowing, Governor Adrian Orr insists it was correct for the bank to move early and fast, saying it remains “resolute in its commitment” to bring down inflation.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada goes 'nuclear' with supersized 1% interest rate hike -- will the Fed follow?With inflation burning as hot as a \u0027four\u002Dalarm fire,\u0027 Canada\u0027s central banker is moving aggressively to tamp it out. But it leaves their
Read more »
'Behind the curve' Bank of Canada tees up super-sized 75 basis point hikeThe Bank of Canada is set to deliver a super-sized interest rate hike this week, as it accelerates efforts to withdraw stimulus from an overheated economy and rein in soaring inflation. — via financialpost interestrates
Read more »
Bank of Canada raises interest rate 100 basis points in super-sized hikeThe Bank of Canada raised interest rates by 100 basis points on Wednesday, bringing its key rate to 2.25 per cent. Read more.
Read more »
Bank of Canada raises interest rate 100 basis points in super-sized hikeThe Bank of Canada raised interest rates by 100 basis points on Wednesday, bringing its key rate to 2.25 per cent. Read more.
Read more »
Best tech deals Amazon Prime Day Canada 2022: TVs, laptops and moreShopping Essentials: Best tech deals on Amazon PrimeDay - TVs, laptops and more PrimeDayDreamDeals
Read more »
Canada ranks among nations where people are most likely to live beyond 100: reportBy 2065, there is projected to be over 87,500 centenarians in Canada
Read more »