Birdwatch Note Rating
2023-11-11 20:51:00 UTC - HELPFUL
Rated by Participant: 7D21620F557F5775C3D5CF08B33A55CC81AC06D6CD8F3BB9BE1875B8F8AF7842
Participant Details
Original Note:
The BoC has indicated that government spending is a factor that impedes their fight against inflation, not interest rates. As such, additional rate hikes could be required [1] The NDP has called for an additional $200 billion in government spending [2] [1] https://financialpost.com/news/economy/bank-of-canada-government-spending-hurt-inflation-fight/wcm/c3b95876-8eba-4202-8605-28974e61bf3d/amp/ [2] https://www.cbc.ca/amp/1.6172629
All Note Details