WHERE ARE INTEREST RATES GOIG IN THE NEAR FUTURE?
Thursday Oct 20th, 2022
The Bank of Canada may risk overshooting on interest rates if it took its overnight rate above 4%, according to CIBC deputy chief economist Benjamin Tal , although he indicated that improving supply chain conditions are a positive sign for Canada’s inflation rate. He feels the central bank could avert a deep recession by ending its rate-hike trajectory after one or two further jumps, potentially by 50 basis points followed by another 25-point increase. # SANDI HALPERN # REAL ESTATE # SOLD # INTEREST RATES