Canada’s economy at a crossroads: Cut rates or fight inflation?

Rudyard Griffiths and Sean Speer examine the Bank of Canada's upcoming rate decision amid rising inflation and sluggish economic growth. They explore the difficult choice facing Governor Tiff Macklem between fighting inflation and supporting a weak economy, discussing implications for housing markets, government debt servicing costs, and the credibility of Canada's central bank. The conversation addresses whether the Carney government's forthcoming budget will tackle structural economic reforms or prioritize political considerations ahead of a potential election.

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CREDITS:

Daphne Liang - Producer and Editor

Rudyard Griffiths and Sean Speer - Hosts

Adrian Wyld/The Canadian Press - Photo Credit

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