#bankofcanada #canadianinflation #interestrates
Canadians think inflation will remain elevated until at least 2025, according to the Bank of Canada’s Survey on Consumer Expectations and Business Outlook Survey. The Q1 Surveys found that although inflation expectations are coming down, they still remain far too high, and still much higher than that of pre-pandemic.
Links:
Canadian Survey of Consumer Expectations—First Quarter of 2023:
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Business Outlook Survey—First Quarter of 2023:
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Canadian businesses’ inflation expectations, recession concerns ease slightly: BoC survey:
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Canada's economy jumps back to life after stalling last year:
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Why this economic slowdown is so unusual:
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'Could complicate Bank of Canada's job': What economists are saying about the latest GDP numbers:
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Bank of Canada fretted inflation could 'get stuck' above 2% target, minutes show:
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Money markets are signaling rate cuts are nearing. Central bankers are not. Here’s the one to wager on:
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Economy posted no growth in fourth quarter, but consumer spending holding on:
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Bank of Canada aims to cause unemployment and a recession — and it’s unnecessary:
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Union leaders frustrated by Bank of Canada’s advice for companies not to adjust wages to inflation:
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Posthaste: The 'central bankers of oil' just dropped a bombshell that could change everything:
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