5min chapter

In This Economy?! cover image

So... the interest rate has been cut. Now what?

In This Economy?!

CHAPTER

The Impact of Interest Rate Changes on the Economy

Exploring the complexities of interest rate decisions by the Bank of Canada, this chapter analyzes the potential outcomes of rate cuts and examines the broader effects on economic growth, sectors such as housing and automotive, and challenges the common perceptions of interest rate impacts on inflation and GDP.

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