Quote:
Originally Posted by chemgear
https://financialpost.com/news/bank-...st-rates-again
Posthaste: Why the Bank of Canada will likely raise interest rates again — and maybe again
“It is highly unlikely that the Bank of Canada chose to interrupt the pause in interest rates that started in January for just the one additional 25 basis point interest rate hike announced earlier this week,” wrote RBC assistant chief economist Nathan Janzen after the jobs data.
“One softer employment report doesn’t make a new trend, and labour markets are still exceptionally tight from a historical perspective.”
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Come hell or high water, they'll get that recession they seem to be wanting