Bank of Canada worried about raising hopes for rate cuts in latest decision (globalnews.ca)

submitted 2 years ago by sik0fewl@kbin.social to c/canada@lemmy.ca

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The Bank of Canada’s governing council worried that the decision to hold rates steady on Sept. 6 could be 'misinterpreted' as a sign that the rate tightening cycle was finished.

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[-] totallynotarobot@lemmy.world 3 points 2 years ago

Go for it.

I didn't say they're doing it wrong, not sure what your point is?

[-] sik0fewl@kbin.social 5 points 2 years ago

You called it bullshit. That usually means you don't agree. I guess I'm not sure what your point was.

[-] totallynotarobot@lemmy.world 1 points 2 years ago

Bullshit != most bullshit.

It can be the lesser of evils, and still be based in needlessly gatekept prognostication. It can be bullshit, but still préférable to some other bullshit over there. I made no comparative judgement.

Are you an economics student? You seem to have taken this really personally.

[-] alabasterhotdog@lemmy.ca 1 points 2 years ago

You posted a pointlessly cynical take, and are now upset that someone pointed that out?

[-] totallynotarobot@lemmy.world 0 points 2 years ago

Y'all weird. No one is upset here. Calm down.

If you think my opinion that economics should be made accessible and that we're so far failing at that is "pointlessly cynical" then I have some other boots for you to lick after you're done with the banker train.