Has the Bank of Canada gone too far?
Front Burner
The Critics of the Fed's Rate Increase
Alex McKinnon: There's a chorus of critics that's emerged when it comes to rate hikes. He says inflation has been coming down, and we haven't seen the end yet. People are really making the point that getting from 3.5% to 2% requires so much more pain," he says. "It's almost like serving at the altar of a number 2%. You know, why would we be doing that?"
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