Could this really be the end of interest rate hikes?
As Canadians wait for Tuesday’s latest domestic inflation reading and real estate sales data, a flurry of economic signals at home and around the world may be telling us that the long path of painful increases in interest rates has done its work and come to an end.
A slowdown in demand is just what the Bank of Canada has been hoping for, allowing production in the economy to catch up with consumption, thus putting the brakes on rising prices.
Ending the interest rate sting?
For borrowers who have been watching the rising cost of mortgage renewals and other loans,
