• Auli@lemmy.ca
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    4 hours ago

    That is not a good thing though. Isn’t increasing interest rates the way to slow inflation.

    • Pyr@lemmy.ca
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      3 hours ago

      Canada’s inflation rate has been fairly low/regular the past two years bouncing between 1.6-2.6% with the exception of after the Iran war started and it bounced up to 3.2 and now hovers between 2-3%

      Interests rates aren’t going to fix our gas and diesel costs.