{"id":8947,"date":"2022-07-15T19:28:04","date_gmt":"2022-07-16T02:28:04","guid":{"rendered":"https:\/\/www.stevesaretsky.com\/the-loonie-hour-episode-40-bank-of-canada-shocks-markets-with-largest-rate-hike-in-24-years\/"},"modified":"2022-11-29T11:46:52","modified_gmt":"2022-11-29T19:46:52","slug":"the-loonie-hour-episode-40-bank-of-canada-shocks-markets-with-largest-rate-hike-in-24-years","status":"publish","type":"post","link":"https:\/\/www.stevesaretsky.com\/2022\/07\/the-loonie-hour\/the-loonie-hour-episode-40-bank-of-canada-shocks-markets-with-largest-rate-hike-in-24-years\/","title":{"rendered":"The Loonie Hour Episode 40   Bank of Canada Shocks Markets with Largest Rate Hike in 24 Years"},"content":{"rendered":"<p>Bank of Canada Shocks Markets With Largest Rate Hike in 24 Years \u2013 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<\/p>\n","protected":false},"excerpt":{"rendered":"<p>https:\/\/www.youtube.com\/watch?v=9wRCQiYoyIA<\/p>\n","protected":false},"author":1,"featured_media":8948,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[160],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Loonie Hour Episode 40  Bank of Canada Shocks Markets with Largest Rate Hike in 24 Years - 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