Long term rate hikes effects will be ‘more powerful’ than people think: Poloz
Posted: Nov 26th, 2022In: ConstructionNewsOTTAWA – The full effects of interest rate hikes have yet to be felt – and will be “even more powerful” than many anticipate, said former Bank of Canada governor Stephen Poloz Thursday in a speech about ways Canada can chart a path[...]
Read More about Long term rate hikes effects will be ‘more powerful’ than people think: PolozFormer BoC governor Stephen Poloz warns against entrenching inflation in expectations
Posted: Sep 27th, 2022In: ConstructionNewsBANFF, Alta. – Preventing current high inflation levels from becoming embedded into the public’s expectations is key if the country is to avoid falling into recession, former Bank of Canada governor Stephen Poloz said Thursday. Poloz, who was head of the bank for[...]
Read More about Former BoC governor Stephen Poloz warns against entrenching inflation in expectations