What happened when money became more expensive?
Publisher |
CBC
Media Type |
audio
Categories Via RSS |
News
Publication Date |
Jul 25, 2024
Episode Duration |
00:51:40

Two consecutive key interest rate cuts from the Bank of Canada brings the rate to 4.5%. This is after several years of the rate being raised up or kept high -- in what the Bank of Canada said was a necessary move to curb inflation. CBC personal finance columnist Rubina Ahmed-Haq joins the show to talk about what effect the last few years have had on people's wallets.

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