There may be a perfect storm on the horizon, and it’s leaving Canada’s central bank paralyzed. The Bank of Canada (BoC) held its key interest rate at 2.25%, a widely expected move. They warn that the economy faces slow growth and rising inflation—conditions that resemble a stagflation-like threat. BoC Holds Rates On Stagflation-Like Conditions Surfacing […]
The post Bank of Canada Holds Rates, Warns of Stagflation-Like Headwinds appeared first on Better Dwelling.