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Saturday, April 24, 2021

Global rate hikes are coming! - Part 5

https://finance.yahoo.com/news/inflation-forces-bank-canada-hand-195858016.html

Canadian inflation has doubled this year from last year and it is not due to the low base effect.

Therefore, Canada will be the first western country to conduct QE tapering and hike its interest rates.

Russia has hiked its rate the 2nd time this year.

1 comment:

Eric Ho said...

https://sg.news.yahoo.com/uk-inflation-set-rise-faster-133846029.html