WHAT ABOUT INTEREST RATES?

“Our forecast remains consistent with the bank’s guidance that economic slack will be absorbed in the second half of next year, though there’s some risk that timeframe will be pushed back depending on how much of the recent growth shortfall is seen being made up in 2022,” RBC said. “Given the bank’s concerns about the ‘persistence and magnitude’ of the current inflation overshoot, as well as uncertainty around the degree of spare capacity and the pace at which it will be absorbed, we think the bank will likely leave rate hikes on the table for next year.” #SANDI HALPERN # SOLD # LEASED # INTEREST RATE INCREASE