Description: Canada’s annual inflation rate came in hot once again in September, and Scotiabank economist Derek Holt sees the Bank of Canada responding with a series of rate hikes beginning next year.

Source: BNNBloomberg.ca – video report

Date: Oct 20, 2021

Link: https://www.bnnbloomberg.ca/not-transitory-at-all-scotia-economist-sees-eight-boc-rate-hikes-1.1669087

Questions for discussion:

• Summarize the arguments presented that rate increases are coming?
• Do you agree with this analysis?
• What should investors do, in your opinion?
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