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Old 10-07-2022, 03:45 PM   #388
The Fonz
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https://ca.finance.yahoo.com/news/ba...154738026.html
Bank of Canada Leans Into Hawkish Path, Dashing Hopes for Pivot

"Bank of Canada Governor Tiff Macklem said he remains firmly on an interest-rate hiking path, quashing hopes for an imminent end to a tightening cycle that’s choking indebted households and threatening the economy with recession...

...Traders firmed up their bets on a 50-basis-point rate increase at the next policy decision on Oct. 26."
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