Scotiabank sees eight Bank of Canada interest rate hikes by end of 2023

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Scotiabank sees eight Bank of Canada interest rate hikes by end of 2023

'This isn't transitory at all,' says Scotiabank's Derek Holt

financialpost.com

Scotiabank sees eight Bank of Canada interest rate hikes by end of 2023​

'This isn't transitory at all,' says Scotiabank's Derek Holt

The Bank of Canada will raise its benchmark interest rate four times in the second half of next year and another four times in 2023, according to a top economist at the Bank of Nova Scotia.

 

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Inflation at almost two-decade high complicates Bank of Canada rate plan

Kevin Carmichael: The cost of just about everything that Statistics Canada measures was more expensive in September

financialpost.com