Rate hikes
New Data Shows Canada’s Rate Hikes More Effective Than US in Slowing Economy and Inflation – Find Out How!
Ottawa, Canada – When it comes to the effectiveness of rate hikes in slowing the economy and reducing inflation, Canada seems to be leading the way compared to the US. The Bank of Canada recently announced a 25-basis point cut in policy interest rates, citing easing underlying inflation as the primary reason for the adjustment. While interest rates are being lowered, the bank also mentioned that Quantitative Tightening (QT) will continue as they have already …