December 7, 2022

Wage-price spiral is the real risk as inflation remains high: Economist.

Sherry Cooper, chief economist with Dominion Lending Centres, joins BNN Bloomberg for reaction to the Bank of Canada’s 50bps hike. She says the central bank will need to see the labour market cool and that it will likely not pivot to rate cuts until 2024.

Click here to watch the video now!

Please Note: The source of this article is from SherryCooper.com/category/articles/

Share this:

Categories: Finance

Economic Update with Dr. Sherry Cooper

November 21, 2024

Presented at DLCG Mortgage Group Agents’ University in Edmonton November 19, 2024

Canadian Inflation increased to 2.0% y/y in October–up from 1.6% in September owing to a smaller decline in gasoline prices.

November 19, 2024

October Inflation Rose to 2.0% As Gasoline Price Declines Were More Muted The Consumer Price Index (CPI) rose 2.0% year-over-year in October, up from a 1.6% increase in September. Gasoline prices fell […]

Canadian Home Sales Surge in October Led by the GVA and GTA

November 15, 2024

The Canadian Housing Market Shows Signs of Life Canadian home sales surged to their highest level in more than two years as the Bank of Canada cut interest rates, bringing […]

Canadian Weak Job Gains in October Keeps Jumbo Rate Cut In Play

November 8, 2024

Weaker-Than-Expected October Jobs Report Keeps Jumbo Rate Cut In-Play in December Statistics Canada released October employment data today. The data showed a marked slowdown in job growth, underscoring ongoing labour-market softness that […]

Jumbo Rate Cut by the Bank of Canada

October 23, 2024

Bank of Canada Cuts Policy Rate By 50 BPS After three consecutive 25 bp rate cuts, the BoC slashed the overnight rate by 50 bps this morning, bringing the policy rate down to […]