RBC says the Bank of Canada needs to raise interest rates quickly and several times


More:

sees some signs that a wage-price cycle is taking root, which has already pushed costs up permanently

“This is permanent, sustained inflation that needs to be addressed through monetary policy, and therefore we need rapid action this spring as a series of rate hikes to counter it.”

via Bloomberg (may be closed)

The Bank of Canada meets on January 26th. Previous posts:

RBC says the Bank of Canada needs to raise interest rates quickly and several times

Bank of Canada Governor Macklem

.

Follow us on Google News

Disclaimers for Boilingnews.com

All the information on this website – https://Boilingnews.com – is published in good faith and for general information purpose only. Boilingnews.com does not make any warranties about the completeness, reliability, and accuracy of this information. Any action you take upon the information you find on this website (Boilingnews.com), is strictly at your own risk. Boilingnews.com will not be liable for any losses and/or damages in connection with the use of our website.



Add a Comment

Your email address will not be published. Required fields are marked *