59 min listen
Bank of Canada Shocks Markets With Largest Rate Hike in 24 Years
FromThe Loonie Hour
ratings:
Length:
62 minutes
Released:
Jul 15, 2022
Format:
Podcast episode
Description
The Bank of Canada shocked markets with a 100bps rate hike, the largest rate hike since 1998. Variable rate mortgages are going up and we could soon see fixed payment mortgages get triggered with sudden payment increases. Meanwhile, the USD continues to be the global wrecking ball as investors take a risk-off stance.See omnystudio.com/listener for privacy information.
Released:
Jul 15, 2022
Format:
Podcast episode
Titles in the series (100)
A Financial Accident is Brewing, The Case For Deflation by The Loonie Hour