Understanding Economic Indicators: Interest Rates and Housing Prices

The economy seems to be top of mind for most Canadians’ right now. But it can be hard to understand which stats actually matter and what they mean for us. So, Scotiabank Senior Economist Farah Omran is back this episode to break down five key economic indicators to help you better interpret the state of the economy and understand the headlines. 
  

For legal disclosures, please visit http://bit.ly/socialdisclaim and www.gbm.scotiabank.com/disclosures 

Key moments this episode: 

1:44 – Why understanding economic indicators is especially important now 

2:19 – Indicator #1: Inflation 

6:35 – Indicator #2: GDP growth 

10:41 – Indicator #3: Unemployment rate 

13:55 – Indicator #4: Bank of Canada policy rate 

18:25 – Indicator #5: Housing prices 

21:17 – Bonus indicator: Productivity