After Higher for Longer: Outlook for Bank of Canada Rates and Inflation
VirtualWith three rate hikes and continued quantitative tightening, 2023 marked the second year of the Bank of Canada’s (BoC’s) policy shift to contain excess demand and the spike in inflation of 2021-2022. By late 2023, Canadian economic growth had slowed sharply. Inflation had fallen significantly from its 8% peak in June 2022, yet remained above […]