Interest rate trajectory will depend heavily on housing market, Bank of Canada deputy governor says - The Globe and Mail
5/12/2022 12:00:00 AM3 years 9 months ago
by Mark Rendell
by Mark Rendell
Bank officials have said they intend to get the benchmark rate into a ‘neutral’ range of between 2 per cent and 3 per cent relatively quickly
There are some signs that Canadas hottest housing markets have already begun to cool in response to rising interest rates.Evan Buhler/The Canadian Press The Bank of Canada needs to keep raising inte… [+4858 chars]
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