The Bank of Canada’s hefty rate hikes are finally bearing fruit, as higher borrowing costs have caused a pullback in business investment and consumer spending, making way for lower inflation in 2024.
The Bank of Canada’s hefty rate hikes are finally bearing fruit, as higher borrowing costs have caused a pullback in business investment and consumer spending, making way for lower inflation in 2024.
Austerity is killing people and the government is like “we cut down inflation, you should be thankful”
It’s a fundamentally fucked and broken system.