Bank of Canada: Manchmal sind Zinserhöhungen erforderlich, selbst wenn die Wirtschaft schwach ist
https://www.bnnbloomberg.ca/business/2026/03/02/bank-of-canada-sometimes-rate-hikes-needed-even-when-economy-is-weak/
Bank of Canada: Manchmal sind Zinserhöhungen erforderlich, selbst wenn die Wirtschaft schwach ist
https://www.bnnbloomberg.ca/business/2026/03/02/bank-of-canada-sometimes-rate-hikes-needed-even-when-economy-is-weak/
20 Kommentare
„Some of you may die, but that’s a sacrifice we’re willing to make.“
What exactly would higher rates be helpful with?
Because it’s not going to stop food inflation.
It will make housing less affordable.
I don’t understand the logic.
I’m already squeezed thin, between taxes and big grocery corporations. And now this.
We’ve successfully manoeuvred ourselves into a stagflationary environment.
Lots of debt was accumulated when inflation was trending up, Tiff said it was transitory, and he also said rates would be low for a long time.
Inflation wasn’t transitory, it’s been a bit difficult to get down, and now with the higher rates there’s not much free money for people to spend with their new higher debts they accumulated. (Mostly into unproductive assets like real estate as well)
Tough times ahead.
Or – hear me out – stop printing cash and adjust the policies that contribute to rampant inflation (open up competition, for starters). The rate switch doesn’t need to keep being turned up or down, when federal policies are consistently at odds and negate any intended effects.
You’d think the former central banker would be well aware of the necessities of having monetary and fiscal policies seeing eye to eye?
Banks having record profits as it is.
Okay you little turdmuffin Tiff, stop speaking so cryptic. You raising the rates next meeting or not?
How can we fire this guy already? He’s doing a terrible job so far and lied to us all numerous times.
In other words Bank of Canada is saying: „Textbooks say do this, who cares about if people are suffering. That’s for politicians to worry about – we just follow theory regardless of it’s real life implications“
We’re so cooked elbows up 🤡
Yeah. The US war against Iran, if it results in substantial oil price increases that brings on inflation, can necessitate interest rate increases. Severe inflation is much harder to get rid of than high unemployment. We don’t need to get back into stagflation because the effects are further and wider than high unemployment.
Let’s keep supporting the government that got us in this. That’ll fix things.
Yaya. So happy
Did anyone commenting actually read the article?? This is a fat nothingburger.
“Kozicki said none of what she was discussing formed part of the bank’s current monetary policy deliberations.”
And
“But when a supply-side shock has less impact on inflation but weighs on economic activity, the BoC is less likely to tighten policy and might actually ease it, she added.”
How in the hell are higher rates going to help a sputtering economy?
Dumb idea. Regular people are suffering, most of inflation is resulting from shelter and food costs. I.e. grocer and bank profits (at records). Drop interest rates to support this ‚generational‘ pivot. If the currency drops it will help exports, yes imports will suffer but its a good lift to buy domestic / canadian.
At mortgage renewals this year, 57% of my payment will go towards interest servicing. CRIMINAL. #FireTiff and these out of touch governors.
If he increases rates at this time he has no idea what he’s doing. Fundamentally the way that capital works now has changed. Increasing rates may actually hurt people way more than originally thought. Since a lot of companies work off short term loans (LOCs) to get by the interest cost is increasing and that is passed on to the consumer. It’s not like before where companies had cash hoards…they either return it to shareholders or invest in further capital expenditures (not here as much).
He needs to lower rates as a storm is truly coming.
Can we selectively adjust borrowing rate for housing vs other debts. Maybe Canada has to do that
I’d love to be as dumb as Tiff Macklem and in charge of a central bank or make as much money as he does. Picture all you have to do is say rates will be low for a long time or blame Trump, easiest job in the world.
It’s all talk. Most of their job is talking to the press to do things without actually having to do them. Because most of the time them doing is too late or pretty useless.
But the real irony is just how central banks always attack the regular person. If a supply shock threatens inflation… why not address supply rather than demand???
We know why. Goes back to the first point.
the issue is the whole economy is built on trickle down economics which doesn’t work. Well it does but not to the extend people want. When interest rates go down the rich gets richer and inflation goes up. Guess what poor people you get stuck with the inflation part. You are poor so you do not get richer.