2min chapter

The Loonie Hour cover image

The Bank of Canada Shocks The Bond Market- w/ guest Robert Asselin

The Loonie Hour

CHAPTER

The Unusual Central Banker's Decision to Raise Rates

We're only just now starting to see it sort of filtered through on housing construction. So Canada building permits drop 18, 19% in April to the lowest level since December of 2020. But then again, you know, maybe on the lagging side, you've still got like relatively strong GDP.

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