Quote:
Originally Posted by Firebot
They are likely overcorrecting yes. But that's my argument and issue with last year's BoC policies.
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Isn't that a bit of hindsight? The risk of hiking too early is worse in my mind, so I don't think they were wrong for acting when and how they did. Do you honestly believe a 25 bps hike in Nov 21 would have led to a vastly different outcome?
The biggest thing that nobody is talking about is QT, I find that troubling.
Edit: sorry for the Necro quote