The Loonie Hour Episode 40 Bank of Canada Shocks Markets with Largest Rate Hike in 24 Years - Steve Saretsky

Steve
Saretsky

DATE

2023
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2022
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2021
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The Loonie Hour Episode 40 Bank of Canada Shocks Markets with Largest Rate Hike in 24 Years

Steve Saretsky -

July 15, 2022

Bank of Canada Shocks Markets With Largest Rate Hike in 24 Years – The Loonie Hour #040 The Bank of Canada shocked markets with a 100bps rate hike, the largest rate hike since 1998. Variable rate mortgages are going up and we could soon see fixed payment mortgages get triggered with sudden payment increases. Meanwhile, the USD continues to be the global wrecking ball as investors take a risk-off stance. Listen to The Loonie Hour on your favourite podcast platform: The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d9RVo9KitszSHzN0 The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-loonie-hour/id1591470469 #TheLoonieHour #Macroeconomics #PersonalFinanceCanada

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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.