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The Loonie Hour

Pressure Mounting for Bank of Canada to Raise Interest Rates Again

19 May 2023

Description

Inflation surprised to the upside in April, forcing bond yields to surge higher and putting the Bank of Canada back in the hot seat. Meanwhile 75% of variable rate mortgages have hit their trigger rate. The Federal Government made a colossal error on issuing debt on the short end of the curve. See omnystudio.com/listener for privacy information.

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