
Has the Bank of Canada gone too far?
Front Burner
The Reality Check on Rate Hikes
Armin Yellnesian is an economist and the Atkinson fellow on the future of workers. She says inflation has come down since last year, but it's still at about 3.5%. That means that what you're paying at the grocery store, what you're pay for rent, what you are paying for everything is more than it was last year. So inflation is getting very close to where it was before the pandemic.
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