Goldman says Canada to skip now, add final rate hike in October - BNN Bloomberg
www.bnnbloomberg.ca
external-link
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.

Higher 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…

I addressed that here.

Create a post

What’s going on Canada?



Communities


🍁 Meta

🗺️ Provinces / Territories

🏙️ Cities / Local Communities

🏒 Sports

Hockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


💻 Universities

💵 Finance / Shopping

🗣️ Politics

🍁 Social and Culture

Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


  • 1 user online
  • 190 users / day
  • 341 users / week
  • 590 users / month
  • 1.98K users / 6 months
  • 1 subscriber
  • 5.77K Posts
  • 51.5K Comments
  • Modlog