Ed Devlin on BNN – Canadian interest rates alone won’t solve the global inflation problem

Ed Devlin, Founder of Devlin Capital and Senior Fellow at the C.D. Howe Institute (also former Head of Canadian Portfolio Management, PIMCO), joins BNN Bloomberg for reaction to Bank of Canada’s largest rate hike since 1998. He says the central bank is frontloading rate hikes today instead of indicating a faster tightening cycle.