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BMO BELIEVES INFLATION, RATE HIKES & FALLING HOME PRICES TO CONTINUE IN 2023

Posted by: Regina Chamber Admin - January 4, 2023

Bank of Montreal economists believe Canada is likely facing another year of inflated inflation with at least one more interest rate hike.

In a note predicting the top economic trends for 2023, the BMO economists also suggested a continued downturn in the housing market in the coming year along with a lower than normal Canadian dollar and a mild recession.

To read the story, by Victoria Wells of the Financial Post, click HERE.

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