Equities bomb as investors are reminded of inflation
NAB Morning Call
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Can the Bank of Canada Do More Than Expected?
Canada's six point two % inflation is still a 30 year high for them. Unlike the u. K, this was actually more than expected. I guess that means the bank of canada could do more. The market's already expecting theyre going to high rates by 50 basis points at their next meeting. But i don't think they're going to do more than that. It seems like switzerland secret then? Because the've got inflation at two point three % t the interust rates ar minus nort point seven, five %. They're governor thomas ordan, the national bank governor there, has said, you know, ho doesn't see any reason to move it until
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