BREAKING: The Bank of Canada raised its key interest rate by 50 basis points to 1%, in line with market expectations.
Bank of Canada: Risks to inflation expectations are rising. Interest rates need to be raised further.
Bank of Canada: Stop reinvesting in Canadian government bonds; maturing bonds will no longer be replaced and balance sheet will decline over time. Start the quantitative compression process.
Subsequently, Bank of Canada Governor Macklem: committed to raising interest rates to curb inflation.
https://ca.finance.yahoo.com/news/bank-of-canada-hikes-interest-rates-50-basis-points-140816248.html
At the same time, the European Central Bank has also previously indicated that it may raise interest rates in the second half of the year.
In May, the Fed is also expected to raise rates by 50 basis points.
Whether this means that the world's major markets have begun to enter a wave of interest rate hikes is not good for global stock markets.
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