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Podcast: The Charles Adler Show
Episode: 3 Minutes That Matter: Interest Rate Pause, Proud Boy Sentenced, Destitute Canadians
Description: Interest rates will likely be paused by the Bank of Canada. That's the Bay Street Wisdom after the latest monthly numbers showing Canadian economic activity contracting. I said contracting. When the economy slows down and is doing exactly that, it's not a time to raise interest rates. The Bank of Canada will next week announce where it stands. But it will likely stand down on the idea of pushing interests rates up. It might even tell us that the interest rate increases have indeed put the brakes on the economy which is what they were intended to. The Bank...