2 years in, has the Bank of Canada’s historic rate hike campaign done the job?
Two years after the Bank of Canada started raising its key interest rate, inflation, the housing market and the overall economy are vastly different. Here's what's next.
https://globalnews.ca/news/10329530/bank-of-canada-interest-rate-hike-anniversary/Open linkView original on kbin.social
3 replies
Inflation has fallen. So yes?
Housing is still too expensive, but that isn't part of their remit.
Cue the cons and their hillbilly followers spouting the next illogical "hair guy bad" assertion, just because we didn't follow the cons' plan that - like all their plans - doesn't exist
it's a terrible system, paying the wealthy elevated interest on risk-free govt bonds to bribe them into not hiring people.