Bank of Canada Not Out of the Woods Yet: Pimco's Wilding

The video discusses the Bank of Canada's recent interest rate hikes and their impact on the Canadian economy, particularly the housing market. It explores the effects of commodity prices on inflation and compares inflation trends in Canada with those in the eurozone, UK, and US. The Bank of Canada is expected to continue tightening monetary policy to manage inflation expectations.

What is the expected target for the Bank of Canada's policy rate?

• 4%

• 3%

• 5%

• 2%

What impact have the rate hikes had on the Canadian housing market?

• Housing market has become more competitive

• No change in housing prices

• Housing prices have declined

• Housing prices have increased

What was one of the reasons for the Canadian economy's strong position before the rate hikes?

• High unemployment

• Oil dividend from rising energy prices

• Decrease in exports

• Reduction in government spending

Why is the Bank of Canada continuing to raise interest rates despite easing commodity prices?

• To boost the housing market

• Because core inflation measures are still rising

• To reduce government debt

• To increase exports

Which other regions are experiencing similar trends in sticky price measures as Canada?

• China and Japan

• Eurozone, UK, and US

• Australia and New Zealand

• South America