Will The Bank of Canada Get Interest Rates to 3 This Year - Steve Saretsky

Steve
Saretsky

DATE

2023
- 04
- 03
- 02
- 01
2022
- 12
- 11
- 10
- 09
- 08
- 07
- 06
- 05
- 04
- 03
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- 01
2021
- 12
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Will The Bank of Canada Get Interest Rates to 3 This Year

Steve Saretsky -

June 3, 2022

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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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.