Comments on: Canada May Need Tighter Monetary Policy If The Economy Remains Overheated: Bank of Canada https://betterdwelling.com/canada-may-need-tighter-monetary-policy-if-the-economy-remains-overheated-bank-of-canada/ Canada’s Fastest Growing Real Estate News Source Wed, 22 Feb 2023 20:50:25 +0000 hourly 1 By: Ethan Wu https://betterdwelling.com/canada-may-need-tighter-monetary-policy-if-the-economy-remains-overheated-bank-of-canada/#comment-89134 Wed, 22 Feb 2023 20:50:25 +0000 https://betterdwelling.com/?p=22971#comment-89134 In reply to toka.

Upper bound of fed funds rate:
– Canada: 4.50%
– US: 4.75%

The US was lower before the hikes, Canada went first, and still fell behind.

Canada is unable to follow the US because of its debt load. If your consumers are twice as indebted as another country, their point of failure is much lower. This is something the Bank of Canada realizes, failiin

]]> By: toka https://betterdwelling.com/canada-may-need-tighter-monetary-policy-if-the-economy-remains-overheated-bank-of-canada/#comment-89068 Sun, 19 Feb 2023 20:10:27 +0000 https://betterdwelling.com/?p=22971#comment-89068 Bank of Canada essentially follows the rates of the US Federal Reserve.

If it’s raised there, it also has to be raised here.

The rest of the analysis hardly matters.

]]>