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The Loonie Hour

Central Banks Have Not Yet Won The Fight on Inflation

17 Feb 2023

Description

National home prices in Canada continue to slide, falling 12% on a yearly basis, the deepest slide on record. Signs of sticky inflation persist, suggesting the Bank of Canada might still have more work to do on interest rates. The Wealth gap could explode higher in the next recession. Could interest income from high interest rates actually be easing financial conditions? See omnystudio.com/listener for privacy information.

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