Goldman says Canada to skip now, add final rate hike in Octoberwww.bnnbloomberg.caexternal-link sik0fewl ( @sik0fewl@kbin.social ) Canada@lemmy.ca • 1 year ago message-square9fedilinkarrow-up135
arrow-up135external-linkGoldman says Canada to skip now, add final rate hike in Octoberwww.bnnbloomberg.ca sik0fewl ( @sik0fewl@kbin.social ) Canada@lemmy.ca • 1 year ago message-square9fedilink
The Bank of Canada will make its final rate increase in October after a pause next week, says Goldman Sachs Group Inc.
minus-square Rocket ( @Rocket@lemmy.ca ) linkfedilink5•1 year ago 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…
Unless it is specifically interest payments that are causing inflation to rise…
I addressed that here.