[New post] The Bank of Canada May Need 8 Rate Hikes To Combat Inflation: Scotiabank

Daniel Wong posted: " Canadians might see much higher borrowing rates in the not-so-distant future. Scotiabank chief economist Jean-François Perrault has forecast up to 8 rate hikes within 2 years. He sees elevated inflation backing the Bank of Canada (BoC) into a corner on t" New post on Better Dwelling The Bank of Canada May Need 8 Rate Hikes To Combat Inflation: Scotiabank by Daniel Wong Canadians might see much higher borrowing rates in the not-so-distant future. Scotiabank chief economist Jean-François Perrault has forecast up to 8 rate hikes within 2 years. He sees elevated inflation backing the Bank of Canada (BoC) into a corner on the issue. Inflation appears to be a lot less transitory than thought. If that's the […] Read more of this post Daniel Wong | November 1, 2021 at 10:49 pm | Tags: Bank of Canada, Canadian Inflation, Canadian Mortgages, Canadian Real Estate Prices | Categories: Canada | URL: https://wp.me/p4nriD-4Qz Comment    See all comments Unsubscribe to no longer receive posts from Better Dwelling. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://betterdwelling.com/the-bank-of-canada-may-need-8-rate-hikes-to-combat-inflation-scotiabank/