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Governments Have Lost Control of the Bond Market

The Loonie Hour

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Economic Insights and Global Uncertainties

In this chapter, the speakers share personal experiences from a recent forest trip while analyzing Canada's CPI inflation report and its repercussions for the Bank of Canada. They delve into the complexities of the bond market, housing data, and the implications of rising inflation, particularly in food prices. The discussion highlights the interplay between domestic economic indicators and international market dynamics, underscoring the necessity of adapting monetary policies to address potential economic challenges.

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