Comment on Is the inflation rate in Canada very high?
kiwiheretic@wolfballs.com 2 years agoInteresting, if interest rates are so low and inflation is mounting, then are the central banks not going to do anything to try to slow inflation?
Comment on Is the inflation rate in Canada very high?
kiwiheretic@wolfballs.com 2 years agoInteresting, if interest rates are so low and inflation is mounting, then are the central banks not going to do anything to try to slow inflation?
sj_zero@lotide.fbxl.net 2 years ago
I think Canada's Central Bank was one of the first to end QE and start raising interest rates, but the same as all the others compared to the extremely high inflation we're seeing, a quarter point here in a quarter point there is basically nothing.