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Uzelman: The Bank of Canada ‘is likely done with rate hikes’ - Vancouver Island Free Daily

Summary by Ground News
The Bank of Canada held interest rates steady at 5% on September 6. Economists are cautious in their predictions for future rates, but are broadly optimistic. Many economists think the Bank won't have to raise rates again because excess demand has been wrung out of the economy. Bruce Uzelman: Excess demand is moderating but inflationary pressures remain.

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Sicamous Eagle Valley News broke the news in Salmon Arm, Canada on Tuesday, September 19, 2023.
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