Scotiabank's Holt Sees Eight BOC Rate Hikes by End of 2023

The video discusses the current inflation scenario, arguing that it is not transitory and is driven by broad factors like housing, groceries, and cars. It explores the impact of supply shortages and government policies on inflation. The discussion includes potential future risks, the role of central banks, and the need for monetary tightening to manage inflation effectively.

What is the speaker's view on the future of interest rates in Canada?

What does the speaker believe about the relationship between demand and supply chain issues?

What are the implications of prolonged low interest rates according to the discussion?

What historical context does the speaker provide regarding central bank behavior?