Birdwatch Note Rating
2023-10-16 23:53:37 UTC - HELPFUL
Rated by Participant: 995EE8174894263D707785B57252AA8C3DF1DBF6D76A01008D4841C9FEC2993A
Participant Details
Original Note:
Inflation (measured by Total-CPI) remains at just under 4%. https://www.bankofcanada.ca/rates/price-indexes/cpi/ The policy interest rate is now 5% and has not changed since July 12th. https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/ The federal deficit is expected to hit $46.5B in 2023, slightly higher than the budget of $38.7B, because of borrowing costs. https://www.cbc.ca/news/politics/economy-stagnate-pbo-1.6995718
All Note Details