The Bank of Canada’s governing council worried that the decision to hold rates steady on Sept. 6 could be 'misinterpreted' as a sign that the rate tightening cycle was finished.
The Bank of Canada’s governing council worried that the decision to hold rates steady on Sept. 6 could be ‘misinterpreted’ as a sign that the rate tightening cycle was finished.
The BoC has made it abundantly clear, time and time again – even in this article, that interest rates are definitely not going down before you find yourself unemployed. Then and only then might they be able to consider easing up on the tightening cycle.
What about Sept 6th suggested “you’re fired” to you guys? Because it didn’t suggest anything of the sort to me.
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The BoC has made it abundantly clear, time and time again – even in this article, that interest rates are definitely not going down before you find yourself unemployed. Then and only then might they be able to consider easing up on the tightening cycle.
What about Sept 6th suggested “you’re fired” to you guys? Because it didn’t suggest anything of the sort to me.