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Please read this news article on inflation and monetary policy(July 13, 2022). Post a personal opinion, one or two paragraphs (minimum 200 words) about INFLATION

Please read this news article on inflation and monetary policy(July 13, 2022).

  • Post a personal opinion, one or two paragraphs (minimum 200 words) about INFLATION and INFLATIONARY EXPECTATIONS in the monetary policy for 2022-2023. Your comment does not necessarily need to be technical, but some serious thinking.

TheBank of Canadahas increased its benchmarkinterest rateby a full percentage point, taking a larger than expected hike to tame decades-high levels ofinflation.

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