Despite the recent slump in oil prices, the Bank of Canada confirmed today that it intends to raise interest rates at least three more times. However, we think that a deterioration in the economy will cause the Bank to stop hiking rates sooner than it expects.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services