John Anania
John Anania
bank canada capacity full higher hiking inflation looks months operating rates textbook
The bank of Canada is operating textbook econ 101 here in hiking rates in anticipation of inflation going higher 12-16 months in the future, because we're operating at full capacity right now in Canada and it looks like we're going to continue.
economy economy-and-economics feed growth hike increasing justify outlook rate terms
If we see them increasing their outlook for the world economy in terms of growth and we see that feed into Canada, it may justify another rate hike to 4.50.
fairly given good labor looking market relatively wages year
We're looking for a relatively good year in 2006, given that wages are up and the labor market is fairly tight.