#CanadaInflation #CanadaRealEstate #BankofCanada
Canada’s Inflation Rate hit 6.7% in March, with Canada’s Real Estate market already showing signs of cooling from previous rate hikes. The Bank of Canada is promising multiple interest rate hikes until inflation gets back to its target range.
With Canadian Inflation much higher than expected there will be increased pressure on the Bank of Canada to move quickly on interest rate hikes, as technically we’re living under real negative interest rates at the moment.
Bank of Canada discusses inflation, economy after key interest rate raised 50 basis points | FULL:
Get ready for rates to rise ‘very, very quickly:’ Benjamin Tal:
Bank of Canada increases policy interest rate by 50 basis points, begins quantitative tightening:
FRED Economic Data:
U.S. inflation has hit its highest level in over 40 years:
Bank of Canada lifts rates, promises more hikes to fight inflation:
Inflation reaches highest point since early 1991, putting more pressure on Bank of Canada to act:
Housing market slowing rapidly amid interest rate hikes:
Canada’s inflation rate jumps to new 31-year high of 6.7%:
Posthaste: Soaring prices are sapping Canadians’ confidence in their financial futures:
‘This will remove buyers from the market’: Higher interest rates on Wednesday will help tame frothy housing prices, experts say:
Canadian inflation surges to 31-year-high of 6.7% in March:
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Originally published at https://www.youtube.com/watch?v=3q0q3UGpdns
originally published at Real Estate - Trend Magazine
This news story originally appeared at Real Estate - Trend Magazine on 26 April 2022