RE:RE:US economy grows 2.9 % in Q4Inflation doesn't have to be at 2% to stop rate rise. If you wait for that you will for sure have inflation.
When you take intyo consideration the lag time , IMO we are very close pausing rises at least in the US.
Canada is another story and will lag behind the US as they always do as Europe will also lag.
They follow and in the end always trail !!
flamingogold wrote: True, but on the flipside we may still be running too hot actually for the FED. The BoC paused and so will the FED after their next hike. But, I can't see inflation getting close to 2% as they desire without further hikes down the road.
clubhouse19 wrote: This to me eases fears of any major recession this year.