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Bank of Canada’s latest interest rate hike came with ‘big shift’ in messaging and leaves significant ‘room to manoeuvre,’ say observers

'The most interesting thing was the forward guidance, I believe, has changed,' says Tom Davidoff, a professor at UBC’s Sauder School of Business, and the message has shifted from 'the beatings will continue' to 'the beatings will continue, unless morale improves.'

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BY IAN CAMPBELL
December 9, 2022

News | BY IAN CAMPBELL | December 9, 2022

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Bank of Canada’s latest interest rate hike came with ‘big shift’ in messaging and leaves significant ‘room to manoeuvre,’ say observers

'The most interesting thing was the forward guidance, I believe, has changed,' says Tom Davidoff, a professor at UBC’s Sauder School of Business, and the message has shifted from 'the beatings will continue' to 'the beatings will continue, unless morale improves.'

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NDP won’t be ‘baited’ as Tories attack Singh amid Liberal labour moves, says MP Green

Not if, but when: Foreign Affairs Committee keys in on question of Palestinian statehood

Era of sky-high interest rates coming to a close

The ‘soft landing’ for the economy may have to be a lot harder than usual

Affordability will remain a top political issue in 2024 after inflation stalls in latest CPI report, say observers

The curious case of Ottawa’s housing bubble backstop

Alternatives to the blunt tool of interest rate hikes needed to curb inflation

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Bank of Canada’s latest interest rate hike came with ‘big shift’ in messaging and leaves significant ‘room to manoeuvre,’ say observers

'The most interesting thing was the forward guidance, I believe, has changed,' says Tom Davidoff, a professor at UBC’s Sauder School of Business, and the message has shifted from 'the beatings will continue' to 'the beatings will continue, unless morale improves.'

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