✉news BusinessEconomy first seen 1 d ago, last 1 d ago, peak #25
Economist urges Bank of Canada to begin rate hikes as economy stays resilient
Original: Canada's 'resilient' economy means Bank of Canada needs to start hiking, economist says
An economist argues that Canada's resilient economy means the Bank of Canada should begin raising interest rates. The comment adds to the debate over when the central bank will tighten monetary policy, with stronger-than-expected growth reducing the case for keeping rates at current levels.
Why now: Markets and borrowers are closely watching for signals on when the Bank of Canada will start hiking rates.
Evidence
- Canada's 'resilient' economy means Bank of Canada needs to start hiking, economist says · Yahoo Finance
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