The Bank of Canada raised interest rates another 50bps this week. They remain very hawkish and suggest that interest rates may need to go north of 3% in order to get inflation down. Meanwhile housing in Canada continues to slow. Financial repression continues in Europe and debt forgiveness in the United States.
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https://www.youtube.com/watch?v=Z2Yb7kVt3YQ
https://www.youtube.com/watch?v=Rl2BjIOaLw8
https://www.youtube.com/watch?v=GniAmgIBZAA&list=PLOZmgBQcELMcCILSrDmXzrEDJr7dBkjpB&index=52
https://www.youtube.com/watch?v=0S1KkhtaH0w&list=PLOZmgBQcELMcCILSrDmXzrEDJr7dBkjpB&index=52
The views expressed are those of the author, Steve Saretsky, an Oakwyn Realty REALTOR®, and do not necessarily reflect those of Oakwyn Realty. It is provided as a general source of information only and should not be considered personal investment advice or a solicitation.
