Today’s post outlines the mortgage rule changes that OSFI just made to HELOCs and reverse mortgages, and also offers my take on a rising risk that it failed to address.
In today’s post I imagine what BoC Governor Macklem and US Fed Chair Powell might say if you gave them a chance to offer unvarnished assessments of our current conditions.
Today's post covers CDN jobs, US inflation, and the contrarian case for inflation and interest rates falling back more quickly than most forecasts predict.
The BoC hiked by another 0.50% last week, and its policy statement was more hawkish than expected. In today's post I offer my take on how high the Bank will go.