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The Bank of Canada Signals a Pause and Takes a Victory Lap – The Loonie Hour #068

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The Bank of Canada Signals a Pause and Takes a Victory Lap – The Loonie Hour #068

The Bank of Canada has raised interest rates another 25bps but has signalled they will pause and hold from here. What does this mean for housing and financial conditions? Is a soft landing achievable or wishful thinking? Consumer confidence is increasing but models suggest there is still near a 50/50 chance of a US recession this year.

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