Op-Ed
Two economic headlines a week apart – the Bank of Canada’s 1 per cent hike in the overnight rate last week, and the 8.1 per cent year-over-year increase in the Consumer Price…
Intelligence Memos
From: Steve Ambler and Jeremy M. Kronick
To: Bank of Canada Governing Council
Date: July 20, 2022
Re: Thanks, We Needed That. Why the Bank Move Was the Right One
Last week, the Bank of…
Op-Ed
On Wednesday, the Bank of Canada increased the scope of its interest rate increases, raising its overnight rate target by 100 basis points to 2.5 per cent. We haven’t seen a hike that big in recent…
