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Retail Rate Forecasts

An End in Sight for Interest Rate Hikes in 2023

December 20, 2022
Jimmy Jean, Vice-President, Chief Economist and Strategist
Lorenzo Tessier-Moreau, Principal Economist • Hendrix Vachon, Principal Economist

  • Inflation is inching lower in Canada and the US, but not everywhere else in the world.
  • The Bank of Canada’s key rate may have peaked at 4.25%.
  • The loonie is losing speed.
  • There’s more turbulence ahead for the financial markets in 2023.

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