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The Loonie Hour

The Wealth Effect Created One Third Of Inflation

The Loonie Hour
The Loonie Hour

CPI inflation in the US continues to decelerate, right in line with expectations. We discuss the market implications and guess where inflation could be later this year. Canadian Bank CEO's send out a warning to regulators over vulnerable borrowers. The Fed says rising house prices created a wealth effect that boosted inflation. Meanwhile, another central banker says it's not their job to fight climate change.

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The Loonie Hour
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