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- The economy may have to be guided toward near-recessionary levels to compensate for the housing bubble’s outsized impact on Canadians’ cost of living.
- The economy may have to be guided toward near-recessionary levels to compensate for the housing bubble’s outsized impact on Canadians’ cost of living.
- Central banks, particularly those with a stated goal of price stability, must act decisively and swiftly in response to inflation to preserve their credibility.
- Central banks, particularly those with a stated goal of price stability, must act decisively and swiftly in response to inflation to preserve their credibility.
- Politicians have many competing priorities, and may not always place a high enough importance on low and stable inflation.
- Politicians have many competing priorities, and may not always place a high enough importance on low and stable inflation.
- With inflation holding at 3.1 per cent, the Bank of Canada may wait until the summer to start cutting interest rates, instead of starting as early as the spring, said business prof Ian Lee.
- With inflation holding at 3.1 per cent, the Bank of Canada may wait until the summer to start cutting interest rates, instead of starting as early as the spring, said business prof Ian Lee.
- The cost of helping mortgage holders avoid the pain of higher interest rates will be borne by all consumers as the banks pass the cost along.
- The cost of helping mortgage holders avoid the pain of higher interest rates will be borne by all consumers as the banks pass the cost along.
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