5 min
Focus on what the Bank of Canada is doing and less on what they are saying. The Living Market Podcast
-
- Investing
The Bank of Canada’s decision to raise its benchmark interest rate to 1.5% came as no surprise, says host Philip Petursson, Chief Investment Strategist for IG Wealth Management. Its claim that it was willing to act more forcefully was more surprising. Listen in to find out why Philip believes further hikes may not be needed, given that inflation growth may peak in the summer.
The Bank of Canada’s decision to raise its benchmark interest rate to 1.5% came as no surprise, says host Philip Petursson, Chief Investment Strategist for IG Wealth Management. Its claim that it was willing to act more forcefully was more surprising. Listen in to find out why Philip believes further hikes may not be needed, given that inflation growth may peak in the summer.
5 min