TSX:AX.PR.E - Post by User
Comment by
Torontojayon Jun 25, 2024 5:09pm
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Post# 36105883
RE:0.6 m/m- canada
RE:0.6 m/m- canada
garyreins wrote: So how do they just cut rates which had 0 impact, then get a huge spike in inflation "out of nowhere". Did I not predict this was going to happen yesterday. Considering the lag in policy + constant mortgages renwing higher, it really makes very little sense. have to question whats going on at this point
that is a horrible inflation number.
Just to put things into perspective how bad things are. Canada has already exceeded their 2 % inflation target through the first 5 months of the year!!!