The Bank of Canada’s decision to raise its benchmark interest rate to 1.5% came as no surprise, says host Philip Petursson, Chief Investment Strategist for IG Wealth Management. Its claim that it was willing to act more forcefully was more surprising. Listen in to find out why Philip believes further hikes may not be needed, given that inflation growth may peak in the summer.
About IG Living Market:
Inflation. Volatility. Bears and Bulls. There’s a lot to unpack in the markets – especially right now. Host Philip Petursson, Chief Investment Strategist at IG Wealth Management, brings clarity to the markets by sharing his views on the trends dominating the investment landscape and how they impact your financial life. Each week, join Philip for a five-minute episode as he breaks down current market trends and navigates “The Living Market”.
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