Plus Global Post: The Federal Reserve ’s interest rate hike is more difficult to curb the inflation of the country in Canada

Author:China Well -off Time:2022.09.23

China Well -off. September 22. The Laoma Federal Reserve has just given many issues worth thinking about by the Bank of Canada.

Central Bank of Canada

The Canadian Global Post commented that on Wednesday, the Bank of the United States did not only increase its policy interest rates by three quarters to a range of 3.25%to 3.5%, but also the highest level in 14 years. It increases the extent of the global fight against inflation. It sets higher standards for interest rate peaks. It makes the world's largest economy on the edge of decline when pursuing this steep interest rate path.

At present, the Bank of Canada is facing different conditions from the Federal Reserve, but in order to pursue the same goal of defeating inflation, it will have to think about what the fascinating changes depicted by the Bank of the United States means Canadian monetary policy. In order to achieve appropriate balance in interest rates, inflation is placed back to the cage without destroying the Canadian economy, the Bank of Canada must consider how the Fed's new position can change this balance -and how much its own policies it can withstand it is huge and huge it can withstand its own policies. The policy of neighboring countries deviates from.

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