• What happened when money became more expensive?

  • Jul 25 2024
  • Length: 52 mins
  • Podcast

What happened when money became more expensive? By cover art

What happened when money became more expensive?

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  • Summary

  • 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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