- Jimmy Jean, Vice-President, Chief Economist and Strategist
Lorenzo Tessier-Moreau, Principal Economist • Hendrix Vachon, Principal Economist
Investment Strategy and Interest Rate Analysis
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.