- Lorenzo Tessier-Moreau, Principal Economist • Hendrix Vachon, Principal Economist
Retail Rate Forecasts
The Bank of Canada Surprises with Another Rate Hike
June 15, 2023
- Interest rate hikes still haven’t hobbled the global economy.
- Canada’s overnight rate could soon hit 5.0%.
- The Canadian dollar got a boost from the Bank of Canada.
- Stocks are off to a strong start this year, but serious risks remain.