Inflation and interest rates: Why the Bank of Canada aims to curb prices by raising rates
Interest rates and inflation are closely linked, which is why the Bank of Canada has been pushing up its key rate to try and keep inflation to a target of 2%. But it’s a careful balance between controlling inflation and not tipping the economy into a recession. Note - since this video was published in June, inflation has risen to 8.1% in July.
The Globe and Mail
Most Popular
0 of 9 videos
Latest
0 of 10 videos
Canada
0 of 10 videos
World
0 of 10 videos
Life & Arts
0 of 10 videos
Drive
0 of 10 videos
Business & Investing
0 of 10 videos