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FINANCIAL POST: Bank of Canada could cut rates by early 2024 — if it goes by this data

CIBC says rising jobless rate could bring end to higher interest rates



When is enough, enough?

 

That has become the burning question as the Bank of Canada and other central banks near the end of what has been an extraordinary interest rate-hiking cycle.

 

To answer that you need to understand what the Bank is looking at in making its inflation forecasts, say CIBC economists Avery Shenfeld and Ali Jaffery in a new report.

 

And those signposts have changed ...

 

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