Central Banks Have Not Yet Won The Fight on Inflation – The Loonie Hour #071 - Steve Saretsky

Steve
Saretsky

DATE

2023
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2022
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Central Banks Have Not Yet Won The Fight on Inflation – The Loonie Hour #071

Steve Saretsky -

February 17, 2023

National home prices in Canada continue to slide, falling 12% on a yearly basis, the deepest slide on record. Signs of sticky inflation persist, suggesting the Bank of Canada might still have more work to do on interest rates. The Wealth gap could explode higher in the next recession. Could interest income from high interest rates actually be easing financial conditions?

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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.