Econ-o-metrics: The Bank of Canada’s critics will say stubbornly low inflation means the latest rate hike was a mistake. But it might just mean the bank waits longer until the next hike.
The Bank of Canada’s decision to increase interest rates, while necessary, will put upward pressure on the loonie, making life more difficult for exporters
Econo-metrics: With the Bank of Canada raising interest rates, the big banks have been quick to follow suit. That never seems to happen when rates are falling.
It was expected Trump’s policies would juice the economy in the short term, but his disastrous first six months in office have shown that won’t be the case