Jimmy Jean, Vice-President, Chief Economist and Strategist
Lorenzo Tessier-Moreau, Principal Economist • Hendrix Vachon, Principal Economist
Retail Rate Forecasts
Early Signs That Rate Hikes Are Moderating, but the Fight against Inflation Isn’t Over
November 15, 2022
- High interest rates could drag the world economy into recession.
- The Bank of Canada indicated for the first time that it may moderate its rate hikes.
- It’s too early for a lasting rebound in the Canadian dollar.
- Equity markets are recovering and back in the black—for now.
See the full publication in PDF.
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